Wyoming issues stablecoins #FRNT , what does that really mean?
First, the plain language conclusion:
FRNT is not here to compete for $USDC / $USDT business,
It is the government testing:
“Can the US dollar still exist in the form of Tokens?”
1. What is the essence of FRNT?
You’re quite right:
FRNT = a state-level version of USDC
But the word “state-level” carries significant weight.
Its core features are only three points:
Issuer: U.S. state government (Wyoming)
Reserve assets: USD + short-term U.S. Treasuries
Structure: held in trust, fiscally compliant
Not corporate credit, not market cred
First, the plain language conclusion:
FRNT is not here to compete for $USDC / $USDT business,
It is the government testing:
“Can the US dollar still exist in the form of Tokens?”
1. What is the essence of FRNT?
You’re quite right:
FRNT = a state-level version of USDC
But the word “state-level” carries significant weight.
Its core features are only three points:
Issuer: U.S. state government (Wyoming)
Reserve assets: USD + short-term U.S. Treasuries
Structure: held in trust, fiscally compliant
Not corporate credit, not market cred
USDC0.03%









