The Wyoming government has issued a total of 700,000 FRNT stablecoins across seven blockchain networks, including Solana, Ethereum, Arbitrum, Base, Optimism, Polygon, and Avalanche C-Chain. Each network received 100,000 FRNT tokens, which are now distributed across six addresses. The FRNT stablecoin is fully backed by U.S. dollars and short-term U.S. Treasury bonds, with an additional 2% reserve. The proceeds from FRNT will support the Wyoming Education Fund.
Wyoming Government Issues 700,000 FRNT Stablecoins Across Seven Networks
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