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Wyoming Launches First State-Issued Stablecoin FRNT on Avalanche in Collaboration with Rain

August 20, 2025
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  • FRNT is a fully-collateralized digital token that is backed by short-duration United States Treasury bills and United States dollars.
  • Also, FRNT will be useable wherever Visa is accepted, including via Apple Pay, Google Pay, and physical cards, thanks to Rain’s stablecoin infrastructure.

Today, the Wyoming Stable Token Commission, in conjunction with Avalanche and Rain, announced the launch of the mainnet for the Frontier Stable Token (FRNT). This stablecoin is the first state-issued, dollar-pegged stablecoin that can be used instantaneously for transactions in the real world using Rain’s Visa-integrated card infrastructure. Debuting on the heels of the GENIUS Act at the SALT Wyoming Blockchain Symposium, this significant milestone represents the first use case of a production-grade government-issued digital asset on a public blockchain. This transforms programmable commerce from a policy concept into a reality that can be experienced on a daily basis.

FRNT is a fully-collateralized digital token that is backed by short-duration United States Treasury bills and United States dollars. It also has a reserve requirement of 102%, which is specified by the Wyoming Stable Token Act. Built on Avalanche, which is known for its cheap transaction costs, sub-second finality, and establishment of an institutional ecosystem, FRNT is intended to fulfill the requirements of both enterprise-level and citizen-level payment systems.

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FRNT will be useable wherever Visa is accepted, including via Apple Pay, Google Pay, and physical cards, thanks to Rain’s stablecoin infrastructure. This will be a historic first for a digital asset issued by the U.S. state. The card that was issued by Rain is the first live, in-production use case for FRNT. This event marks the shift of the token from controlled testnet settings to full-scale, real-world deployment, which is powered by Avalanche.

“While Wyoming has been the leading state for cryptocurrency, blockchain, and digital assets legislation for nearly a decade, the issuance of FRNT signals a paradigm shift,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission. “In addition to regulation, public entities now have a model for innovation that can make government processes significantly more efficient. From paying vendors in seconds to enabling tax refunds and social benefits on-chain, FRNT brings state action into the programmable era.”

Already demonstrating transformative usefulness in the public sector, FRNT is already operational. Wyoming demonstrated real-time contractor payments utilizing FRNT via Hashfire, a Wyoming-domiciled corporation and a Codebase-winning protocol based on Avalanche. The demonstration took place in July 2025. The pilot project automated the execution of contracts and the distribution of stablecoins, which resulted in a reduction in payment timelines from 45 days to seconds (a gain of efficiency of 99.99995%). This achievement established a new standard for government-to-business (G2B) payments and financial transparency.

By combining legal supervision from the Wyoming Stable Token Commission, high-speed and regulatory-compliant infrastructure from Avalanche, and fintech integration from Rain, FRNT offers a roadmap for partnership between public bodies and private sector. Because it has been shown to be feasible at the state level, Wyoming’s blueprint is open to replication by other states in the United States that are looking to modernize public finance, diversify their income streams, and make payments more quickly.

John Wu, President of Ava Labs stated:

“The launch of FRNT marks the first in-production use case of a state-issued stablecoin in the United States, proving blockchain-powered government can be efficient, transparent, and designed for public good. By launching natively on Avalanche, FRNT combines legal accountability with sub-second finality, low fees, and seamless interoperability – all essential ingredients for blockchain to deliver real economic utility. We’re excited to be a part of this historic financial innovation.”

Wyoming continues to lead the country in terms of policy regarding digital assets, as seen by the passage of over 45 blockchain legislation since 2016. The state is also examining the possibility of exporting its model to other states and foreign partners. Interoperability across different chains, interaction with DeFi, and potential future use cases between the government and citizens, such as benefits, tax refunds, and real-time assistance, are all included into FRNT.

Farooq Malik, CEO & Co-founder of Rain stated:

“Today’s launch is a powerful example of Rain’s mission in action. We build financial infrastructure that makes stablecoins like FRNT instantly usable anywhere in the world. It’s an honor to work with pioneering agencies like the Wyoming Stable Token Commission to turn bold ideas into real-world impact.”

To get further information on FRNT, kindly visit the website of the Wyoming Stable Token Commission.

The Wyoming Stable Token Commission was established in March 2023 in accordance with the Wyoming Stable Token Act. Its aim is to issue fully-backed stablecoins that are in accordance with state laws and demonstrate fiscal prudence. By using blockchain technology, it seeks to accomplish its aim of enhancing financial transparency while simultaneously boosting economic development.

Stablecoins are the driving force behind Rain, a worldwide network for processing payments and issuing cards. Rain, which is a Principal Member of Visa, makes it possible for partners to create branded card programs in a timely and compliant manner, without having to depend on third-party banks or infrastructure that is fragmentally distributed.

A completely configurable, full-stack issuing solution is provided via Rain’s developer-friendly application programming interface (API). This solution is compatible with both custodial and non-custodial wallets and runs natively across different blockchain networks. Rain-issued cards are accepted at more than 150 million retailers across the globe, which enables digital assets to be immediately used wherever Visa is accepted. Rain, which is trusted by industry experts, is now in the process of upgrading vital financial infrastructure in order to facilitate the global movement of money in a more effective manner.

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved