Official account of the Wyoming Stable Token Commission. Currently operated by Executive Director @wyoapollo. Likes, RTs and follows are not endorsements.
Today, the Commission made the Frontier Stable Token available for public purchase through Wyoming-domiciled cryptocurrency exchange @krakenfx.
Kraken customers can now access "FRNT" at the link below.
pro.kraken.com/app/trade/FRNT…
The Commission has joined the Avalanche Payments Collective as a Founding Member.
Scaling FRNT in a retail capacity will require support from payments leaders, fintechs and infrastructure providers. @avax's ACP brings these teams together.
More details:
avax.network/payments
The Commission has joined the Avalanche Payments Collective as a Founding Member.
Scaling FRNT in a retail capacity will require support from payments leaders, fintechs and infrastructure providers. @avax's ACP brings these teams together.
More details:
avax.network/payments
Today, we’re launching the Avalanche Payments Collective.
Founding participants include Franklin Templeton, VanEck, Anchorage Digital, Paxos, Agora, Ethena, Rain, Axiym, Tassat, and others spanning the payments stack.
The Collective brings together companies spanning
.@business covered WY's Frontier Stable Token – the first fiat-backed, fully-reserved stable token issued by a U.S. public entity, live since January.
"We're not trying to be the fastest horse in the barn. We're trying to be the one that works."
Full article in the comments.
Wyoming, where cattle outnumber people 2:1, became the first US state to formally issue its own stablecoin. Almost six months in, it doesn’t look like much yet — but other states are watching the experiment closely bloomberg.com/news/features/…
Wyoming’s Frontier Stable Token represents another corner of Wyoming’s future foundation. We’re not trying to be the fastest horse in the barn; we’re trying to be the one that you can actually take out and make sure it works. @business@wyoapollo
The next meeting of the WY Stable Token Commission takes place on Friday, June 19 starting @ 9:00am MT in the Wyoming Capitol Extension's Public Meeting Room W006.
The meeting is open to the public & remote access is available via Zoom.
Add'l details:
What would have taken months chain by chain, @wyostable did all at once.
$FRNT, the first state-backed stable token, launched on seven blockchains simultaneously on Fireblocks.
Secure key management, no single point of failure, real-time Chainalysis screening.
State-issued
Panel starting NOW at #BlockchainCentral: "The Battle for Digital Money: What About the Role of Digital Identity and Infrastructure?"
Featuring:
Keith Lawhorn, @wyostable
Alisa DiCaprio, @swiftcommunity
Dino Dell'Accio, @UNJSPF
Moderated by Emily Parker, GBBC
Wyoming didn’t wait for Washington to figure out digital assets. We built the framework ourselves. I didn’t come to the U.S. Senate to slow that down, I came here to scale it—and that’s exactly what my bill, the Clarity Act, does.
ICYMI - A recording of yesterday's Regular Meeting of the Commission has been uploaded below, to our website at stabletoken.wyo.gov, and our YouTube channel.
The next regular meeting of the Commission is anticipated to take place in the Wyoming State Capitol on Fri, June 19.