The US Wyoming stablecoin FRNT will be logged into Hedera, intending to fully reserve US dollars and short-term US Treasury bonds and set an additional 2% reserve

According to ChainCatcher, according to Cointelegraph, the Wyoming authorized stablecoin Frontier Stable Token (FRNT) has been selected as a candidate network for Hedera by the Wyoming Stable Coin Commission; the currency was launched on Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base when the main network was launched in August. The committee’s official website said that public purchases are not yet supported.  According to Hedera's announcement, FRNT is issued under the Wyoming Stablecoin Act (2023), fully reserved in US dollars and short-term US Treasury bonds and set an additional 2% reserve; the interest generated will be used for Wyoming's school foundation program.