Hedera Selected for Wyoming's Frontier Stable Token (FRNT), the First U.S. State-Issued Stable Token

Hedera to bring trusted, fast, and compliant stable token infrastructure to the public sector

CHEYENNE, Wyo., Sept. 4, 2025 /PRNewswire/ -- The Wyoming Stable Token Commission (WYST) announced at its last Commission meeting that the Frontier Stable Token (FRNT), the first state-issued stable token in the United States, will soon also be available on Hedera, a trusted public network governed by leading global institutions. Hedera was selected as the only additional blockchain to be a candidate for FRNT, during the Commission's Q2 evaluation, having met stringent criteria for speed, reliability, and regulatory alignment.

FRNT was created under the Wyoming Stable Token Act of 2023 as the first U.S. state-issued stable token. It is fully backed by U.S. dollars and short-term Treasuries, with an additional two percent reserve to ensure stability. The token is designed to demonstrate how digital assets can enhance public finance by enabling faster, more transparent, and more efficient payments. Beyond its technical benefits, FRNT directly serves the public: interest earned from Treasury purchases funded by the programme will be directed to Wyoming's School Foundation Program, supporting education across the state.

"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. "The Commission selected Hedera for candidacy because its technical edge aligns with our commitment to security and compliance."

Hedera was chosen for FRNT because it delivers what modern payments require: fast settlement, predictable costs, and trusted governance. Transactions on Hedera finalize in seconds with low, fixed fees, making it suitable for everything from retail purchases and tax refunds to real-time disaster relief and instant public payroll systems. The network is carbon-negative and capable of processing 10,000 transactions per second, delivering the scale and sustainability needed for real-world finance, while its Hedera Council governance model ensures regulatory alignment and long-term stability.

"Hedera is already trusted by governments and enterprises moving from pilots to real-world adoption," said Mance Harmon, Co-Founder of Hedera and Chairman of Hedera Council. "Wyoming's selection of Hedera shows how responsible innovation can deliver real-world financial solutions, setting a precedent for other states and, ultimately, the world to follow."

FRNT has been piloted for use in areas such as contractor payments, emergency disbursements, and other public services. More information on how to purchase FRNT on Hedera will be available soon.

About Hedera

Hedera is the trust layer of the digital economy, providing fast, secure, and efficient distributed ledger technology (DLT) powered by its unique hashgraph technology. With an open-source ecosystem, predictable, low-cost fees, and carbon-negative operations, it equips developers with the tools to build scalable applications with real-world impact.

Governed by a diverse council of world-leading institutions, Hedera ensures transparent and fair decision-making. By driving innovation in DeFi, tokenization, AI, digital identity, and sustainable finance, it is shaping a more trusted, efficient, and inclusive digital future.

For more information, visit www.hedera.com, or follow us on X at @hedera or Linkedin. The Hedera whitepaper can be found at www.hedera.com/papers.

About Wyoming Stable Token Commission

Established in March 2023 under the Wyoming Stable Token Act, the Commission is tasked with issuing fully-backed stable token that align with state laws and fiscal responsibility. Its mission is to enhance financial transparency while driving economic growth through blockchain innovation.

For more information, visit https://stabletoken.wyo.gov.

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SOURCE Hedera