[Wyoming to Launch Stablecoin FRNT on Hedera] Odaily Planet Daily News: The Wyoming Stable Token Commission (WYST) has announced that the first state-issued stablecoin, Frontier Stable Token (FRNT), will soon be launched on the trusted public network Hedera. FRNT was created under the 2023 Wyoming Stable Token Act and is the first stablecoin issued by a U.S. state government. It is fully backed by U.S. dollars and short-term U.S. Treasury bonds, with an additional 2% reserve to ensure stability.