According to a new announcement made at SALT’s Wyoming Blockchain Symposium on August 19, 2025, Wyoming has launched the Frontier Stable Token (FRNT), becoming the first U.S. state to issue a production-grade stablecoin that can be used for everyday transactions through Rain’s Visa-integrated card platform.
The Wyoming Stable Token Commission, collaborating with Avalanche (AVAX) and Rain, unveiled the mainnet launch of FRNT, marking the first use case of a government-issued digital asset on a public blockchain.
America’s first state-issued stablecoin is here.
— Avalanche🔺 (@avax) August 19, 2025
FRNT, formerly known as WYST, is now live on Avalanche and will soon be spendable through @raincards' Visa-integrated platform.
Programmable money is becoming real-world money. Here’s why it matters 🧵 pic.twitter.com/AjpRl2kFA9
FRNT regulatory framework and infrastructure
Mandated by the Wyoming Stable Token Act, FRNT operates as a fully-collateralized digital token backed by short-duration U.S. Treasury bills and U.S. dollars, with a statutorily-mandated 102% reserve requirement.
Built on Avalanche for its sub-second finality and low transaction fees, the stablecoin is designed to serve both enterprise and citizen-level payment needs.
Through Rain’s infrastructure, FRNT becomes usable anywhere Visa is accepted, including Apple Pay, Google Pay, and physical cards.
“While Wyoming has been the leading state for cryptocurrency, blockchain, and digital assets legislation for nearly a decade, the issuance of FRNT signals a paradigm shift,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission. “In addition to regulation, public entities now have a model for innovation that can make government processes significantly more efficient. From paying vendors in seconds to enabling tax refunds and social benefits on-chain, FRNT brings state action into the programmable era.”
Utility and future applications
FRNT has already demonstrated transformational utility in public sector applications. In July 2025, Wyoming showcased real-time contractor payments using FRNT via Hashfire, reducing payment timelines from 45 days to seconds, a 99.99995% efficiency gain.
“The launch of FRNT marks the first in-production use case of a state-issued stablecoin in the United States, proving blockchain-powered government can be efficient, transparent, and designed for public good,” said John Wu, President of Ava Labs. “By launching natively on Avalanche, FRNT combines legal accountability with sub-second finality, low fees, and seamless interoperability – all essential ingredients for blockchain to deliver real economic utility. We’re excited to be a part of this historic financial innovation.”
With over 45 blockchain laws passed since 2016, Wyoming continues to lead national digital asset policy and is exploring exporting its model to other states and international partners. FRNT is built for cross-chain interoperability, DeFi integration, and future government-to-citizen use cases, including benefits, tax refunds, and real-time aid.
“Today’s launch is a powerful example of Rain’s mission in action. We build financial infrastructure that makes stablecoins like FRNT instantly usable anywhere in the world,” said Farooq Malik, CEO & Co-founder of Rain. “It’s an honor to work with pioneering agencies like the Wyoming Stable Token Commission to turn bold ideas into real-world impact.”
Featured image via Shutterstock.
