Wyoming's Cryptocurrency Is Available for Purchase
26 Articles
26 Articles
Wyoming launches state-backed stablecoin as public finance experiment – #CryptoUpdatesGNIT
Wyoming has launched FRNT, the first stablecoin issued and backed by a US state government. The dollar-pegged token is fully backed by cash and Treasuries and managed by Franklin Templeton. Interest from reserves is directed to Wyoming public schools rather than token holders. Wyoming has formally entered the digital asset market by issuing the first stablecoin created and backed by a US state government. The launch places a publicly managed dol…
After unveiling its FRNT stablecoin last summer, the state of Wyoming deploys the latter on the Solana blockchain (SOL). Back on this great premiere. The article Wyoming becomes the first state to launch its stablecoin on Solana appeared first on Cryptoast.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium




