After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The so-called Frontier Stable Token (FRNT), marking the first time a U.S. state has issued a blockchain-based, fiat-pegged token meant to be used by retail and enterprises alike, according to an announcement on Tuesday.

  • paraphrand@lemmy.world
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    1 day ago

    It’s funny how this might seem like Wyoming being super modern and progressive. When it’s really tip of the spear libertarian bullshit.