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        "rendered": "Wyoming stablecoin to launch on Hedera, still not available to purchase"
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        "rendered": "<div data-gtm-locator=\"articles\" data-v-43e640e6>\n<article id=\"article-213874\" data-v-43e640e6>\n<p itemprop=\"description\" data-v-43e640e6> The FRNT stablecoin, backed by the US state of Wyoming, reportedly went live on seven blockchains at its August launch. <\/p>\n<div data-v-43e640e6><picture><source media=\"(min-width: 1200px)\" ><source media=\"(min-width: 992px)\" ><source media=\"(min-width: 768px)\" ><source media=\"(min-width: 480px)\" ><img  loading=\"eager\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1434\/https:\/\/s3.cointelegraph.com\/uploads\/2025-03\/0195d3f9-e1d5-7ec0-8dc0-6783113a1f9e\" alt=\"Wyoming stablecoin to launch on Hedera, still not available to purchase\"><\/picture><\/div>\n<div data-v-43e640e6>\n<div data-v-43e640e6>\n<p>The Frontier Stable Token (FRNT), a stablecoin authorized by the US state of Wyoming, will soon be available on the Hedera blockchain after its mainnet launch in August.\u00a0<\/p>\n<p>In a Thursday notice, Hedera <a data-ct-non-breakable=\"null\" href=\"https:\/\/hedera.com\/blog\/hedera-selected-for-wyomings-frontier-stable-token-frnt-the-first-u-s-state-issued-stable-token\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">said<\/a> the Wyoming Stable Token Commission \u2014 the body responsible for issuing the stablecoin \u2014 had selected the blockchain as a candidate for FRNT following a review of possible networks, and approved the proposal. <\/p>\n<p data-ct-non-breakable=\"undefined\">The stablecoin reportedly <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/wyoming-frnt-stablecoin-visa-support-7-blockchains\" title=\"null\">went live on seven blockchains<\/a> at launch: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base.<\/p>\n<p>\u201cThe Commission selected Hedera for candidacy because its technical edge aligns with our commitment to security and compliance,\u201d said Anthony Apollo, executive director of the Wyoming Stable Token Commission.<\/p>\n<p><iframe width=\"100%\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/ry9MI57Pbjs?start=\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen loading=\"lazy\"><\/iframe><\/p>\n<p>Though many expected FRNT to be available for purchase in a matter of days after the August launch, the Wyoming Stable Token Commission website said users would not have this option as of Thursday. <\/p>\n<p data-ct-non-breakable=\"undefined\">Hedera said information on purchasing the coin would be available \u201csoon.\u201d<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/citi-executive-stablecoin-yields-drain-bank-deposits-report\" title=\"null\"><em><strong>Citi executive warns stablecoin yields could drain bank deposits: Report<\/strong><\/em><\/a><\/p>\n<h2>Wyoming becoming a US crypto hub<\/h2>\n<p>Though policies and regulations at the federal level affecting crypto companies appear to be <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/sec-revamp-crypto-rules-proposed-agenda\" title=\"null\">softening at the federal level<\/a> under US President Donald Trump, state governments still have some authority to determine how to handle digital assets. <\/p>\n<p data-ct-non-breakable=\"undefined\">Wyoming, which was one of the first states to <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/wyoming-passes-bill-to-recognize-cryptocurrencies-as-money\" title=\"null\">treat crypto as fiat money<\/a>, has attracted several companies, lawmakers campaigning on digital assets, and conferences.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17715136\"><\/template><\/p>\n<p>Cryptocurrency exchange Kraken said in June that it would <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/kraken-headquarters-wyoming-regulatory-environment\" title=\"null\">move its global headquarters<\/a> to Cheyenne, citing \u201crecognition of the pro-crypto policymakers and constructive regulations.\u201d <\/p>\n<p data-ct-non-breakable=\"undefined\">The American Innovation Project, an advocacy group that announced its launch amid a Wyoming conference, was the host for an event in which a Justice Department official <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/justice-department-policies-writing-code-roman-storm-retrial\" title=\"null\">suggested a radical change<\/a> to enforcement cases involving crypto and blockchain.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/genius-stablecoin-bill-opens-door-for-big-tech-stablecoin\/\" title=\"null\"><em><strong>GENIUS Act reopens the door for a Meta stablecoin, but will it work?<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p><img decoding=\"async\" alt src=\"https:\/\/zoa.cointelegraph.com\/pixel?postId=213874&#038;regionId=1\" data-v-43e640e6><\/p>\n<\/div>\n<\/div>",
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