Wyoming officially launches FRNT—the first stablecoin in U.S. history backed by state government endorsement. This is not a gimmick project, but fully backed by real fiat currency reserves, built on Solana, with native support for cross-chain interactions.

The most attractive part is the transfer cost: only $0.01 in fees. Compared to the traditional credit card fees, this is a significant reduction. The state government is using it for educational funding, with a clear goal—reduce costs and ease the burden on taxpayers.

But this is just the beginning. The officials have explicitly stated that by 2026, the application scope of FRNT will be further expanded to involve more state agencies. In other words, if this model works, other states might follow suit. Stablecoins are gradually evolving from speculative tools into government-level payment infrastructure—this is the true significance of Web3.