Wyoming has become the first U.S. state to launch a state-issued stablecoin, selecting Hedera for this initiative. The move is aimed at financing educational programs in the state.
Hedera Approved for the Stablecoin
Hedera has been officially approved as the blockchain for the Wyoming Frontier Stable Token (FRNT), the first state-issued stablecoin in the United States. This decision was confirmed by the Wyoming Stable Token Commission in its Q2 2025 assessment.
Funding Education through the New Token
The Wyoming Stable Token Act of 2023 authorized the state to issue FRNT, backed by U.S. dollars and short-term Treasury bills. Revenue from Treasury investments will support the Wyoming School Foundation Program, funding education across the state.
Why Hedera Was Chosen
Hedera was selected due to its ability to process transactions quickly and at low, consistent costs. The network can handle around 10,000 transactions per second and is carbon-negative, offsetting more emissions than it produces. The governance structure of Hedera, run by global organizations, also fosters trust and stability, aligning with regulatory goals.
The choice of Hedera for Wyoming's state-backed stablecoin highlights the significance of applying blockchain technologies in public finance and education, potentially serving as a model for other states.
