Wyoming Deploys 700,000 FRNT Stablecoins Across Seven Blockchains in Test Phase
Wyoming has issued 100,000 FRNT stablecoins on each of seven blockchains, totaling 700,000 tokens, in a multi-chain test following the token's August mainnet launch. The FRNT stablecoin is fully backed by U.S. dollars and short-duration U.S. Treasuries, with 2% overcollateralization required under state law.