The newly-launched FRNT stablecoin will be backed 1:1 to the US dollar and short term treasuries, with the Commission adhering to the 2% overcollateralisation rules.  Wyoming has become the first US state to issue its own native stablecoin; Frontier Stable Token (FRNT).  The Wyoming Stable Token Commission announced on August 19 the launch of FRNT, … Continue reading GENIUS Act’s first act – A Wyoming stablecoin