RE: LeoThread 2025-08-19 11:33
You are viewing a single comment's thread:
The FRNT stablecoin, issued by the state of Wyoming, is now live. It is not available for public use but is on 7 blockchains.
Article upcoming.
You are viewing a single comment's thread:
The FRNT stablecoin, issued by the state of Wyoming, is now live. It is not available for public use but is on 7 blockchains.
Article upcoming.
This is interesting. Waiting on that article
Is this related to the GENIUS act? 🤔
No. It is a state issued token as opposed to private. Wyoming is not a fan of the federal government so it has passed a lot of pro-crypto legislation. Now they brought out their own stablecoin, most likely as a pushback against any CBDC if the US goes that route.
The Feds will claim Wyoming comes under the GENIUS Act but the state will fight it. Let the court battles begin.
Wyoming has been one of the early states to jump on the crypto train. They have been crypto friendly for quite some time.