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- Hedera was selected to support FRNT, the first U.S. state-issued stablecoin developed by Wyoming.
- FRNT is backed by U.S. dollars and treasuries, with interest proceeds going to Wyoming’s School Foundation Program.
The state of Wyoming has officially appointed Hedera as one of the networks supporting its stablecoin, Frontier Stable Token (FRNT).
This decision comes after a series of technical evaluations conducted by the Wyoming Stable Token Commission. FRNT was previously available on seven major networks, including Ethereum and Solana. Now, Hedera joins as the eighth blockchain trusted to secure and distribute the stablecoin.
Hedera has been selected for @wyostable Wyoming’s Frontier Stable Token (FRNT), the first U.S. state-issued stable token.
Trusted. Fast. Compliant.
The future of public sector payments is here.
Read more: https://t.co/eoq6vWPGP8@wyoapollo pic.twitter.com/JoLSchfb7I— Hedera (@hedera) September 4, 2025
Strong Tech, Real Reserves, and an Educational Twist
What was the reason behind this selection? Hedera is known for its strong technical characteristics: it can execute up to 10,000 transactions per second (RPS) with very low fixed fees. Furthermore, its carbon footprint is negative. In fact, it absorbs more carbon than it produces.
In an era where environmental issues are becoming a hot topic of debate, this is an additional point that is hard to ignore. Moreover, Hedera also has a unique governance model through the Hedera Council—not just empty Web3 promises.
Also, FRNT is no ordinary stablecoin. This token is designed to truly mirror the value of the US dollar. The reserves aren’t just volatile “digital assets,” but rather cash and short-term Treasury bonds. Interestingly, Wyoming also adds a 2% buffer for stability.
“Our goal with FRNT is to set a new standard for how states leverage digital assets to better serve the public,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission.
Furthermore, the interest from these reserves isn’t deposited into the state treasury or distributed to politicians, but is channeled to education programs. Wyoming’s School Foundation Program is the direct beneficiary of the interest generated from the FRNT reserve fund.
This Isn’t the First Time Hedera Has Government Trust
If you think Hedera is just starting to dabble in the public sector, reconsider. CNF reported that last July, Hedera was also involved in Project Acacia—a digital money exploration project led directly by the Reserve Bank of Australia (RBA) and the Finance Cooperative Research Centre.
The focus? Encouraging market tokenization in Australia through a reliable form of digital currency. So, it’s not just Wyoming that’s taking notice; countries like Australia are also starting to take notice of this network.
Furthermore, last April we also highlighted how Cask Capital used the Hedera network to sell partial ownership of rare whiskey barrels. Rather than being an exclusive investment for the wealthy, Cask Capital is opening up opportunities by turning these barrels into NFTs that can be purchased for as little as £100.
Access that was previously limited to private collectors is now accessible to retail investors. Once again, Hedera is the choice due to its speed and efficiency.
Back to FRNT. The token launch actually began on August 19th. At that time, Wyoming also partnered with various partners, including LayerZero for cross-chain integration, Fireblocks for infrastructure, and Franklin Advisers, which manages the reserve fund.
Kraken and Rain have also opened FRNT purchase options on several initial networks. However, for Hedera itself, users will still have to wait for the open distribution phase, which will be announced later.
Besides that, as of press time, HBAR is changing hands at about $0.2160, up 2.37% in the last few hours, with a $9.16 billion market cap.
