Announced at SALT’s Wyoming Blockchain Symposium, FRNT is Wyoming’s production-grade, dollar-pegged digital asset built on Avalanche and now available to use via Rain’s Visa-integrated platform, signaling a new era of programmable commerce.
JACKSON, WY – August 19, 2025 – The Wyoming Stable Token Commission, in collaboration with Avalanche and Rain, today unveiled the mainnet launch of the Frontier Stable Token (FRNT), the first state-issued, dollar-pegged stablecoin that can be used instantly for real-world transactions via Rain’s Visa-integrated card platform. Debuting on the heels of the GENIUS Act at the SALT Wyoming Blockchain Symposium, this milestone marks the first use case of a production-grade government-issued digital asset on a public blockchain, transforming programmable commerce from policy vision into everyday reality.
Mandated by the Wyoming Stable Token Act, FRNT is a fully-collateralized digital token backed by short-duration U.S. Treasury bills and U.S. dollars, with a statutorily-mandated 102% reserve requirement. Built on Avalanche for its sub-second finality, low transaction fees, and institutional ecosystem, FRNT is designed to meet both enterprise- and citizen-level payment needs.
Through Rain’s stablecoin infrastructure, FRNT will be usable anywhere Visa is accepted–including through Apple Pay, Google Pay, and physical cards–marking a historic first for a U.S. state-issued digital asset. The Rain-issued card represents the first live, in-production use case for FRNT, marking the token’s transition from controlled testnet environments into full-scale, real-world deployment, powered by Avalanche.
“While Wyoming has been the leading state for cryptocurrency, blockchain, and digital assets legislation for nearly a decade, the issuance of FRNT signals a paradigm shift,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission. “In addition to regulation, public entities now have a model for innovation that can make government processes significantly more efficient. From paying vendors in seconds to enabling tax refunds and social benefits on-chain, FRNT brings state action into the programmable era.”
FRNT is already exhibiting transformational public sector utility. In July 2025, Wyoming demonstrated real-time contractor payments using FRNT via Hashfire, a Wyoming-domiciled company and Codebase-winning protocol built on Avalanche. By automating contract execution and stablecoin disbursement, the pilot reduced payment timelines from 45 days to seconds (a 99.99995% efficiency gain), setting a new bar for government-to-businesses (G2B) payments and financial transparency.
FRNT is a blueprint for collaboration between public entities and private industry by combining legal oversight from the Wyoming Stable Token Commission, high-speed and regulatory-compliant infrastructure from Avalanche, and fintech integration from Rain. By proving viability at the state level, Wyoming’s blueprint invites replication by other U.S. states seeking faster payments, revenue diversification, and modernization of public finance.
“The launch of FRNT marks the first in-production use case of a state-issued stablecoin in the United States, proving blockchain-powered government can be efficient, transparent, and designed for public good,” said John Wu, President of Ava Labs. “By launching natively on Avalanche, FRNT combines legal accountability with sub-second finality, low fees, and seamless interoperability – all essential ingredients for blockchain to deliver real economic utility. We’re excited to be a part of this historic financial innovation.”
With over 45 blockchain laws passed since 2016, Wyoming continues to lead national policy on digital assets and is exploring exporting its model to other states and international partners. FRNT is built for cross-chain interoperability, DeFi integration, and future government-to-citizen use cases, including benefits, tax refunds, and real-time aid.
“Today’s launch is a powerful example of Rain’s mission in action. We build financial infrastructure that makes stablecoins like FRNT instantly usable anywhere in the world,” said Farooq Malik, CEO & Co-founder of Rain. “It’s an honor to work with pioneering agencies like the Wyoming Stable Token Commission to turn bold ideas into real-world impact.”
To learn more about FRNT, please visit the Wyoming Stable Token Commission Site.
About Wyoming Stable Token Commission
Established in March 2023 under the Wyoming Stable Token Act, the Commission is tasked with issuing fully-backed stablecoins that align with state laws and fiscal responsibility. Its mission is to enhance financial transparency while driving economic growth through blockchain innovation.
About Rain
Rain is a global card issuing and payments platform powered by stablecoins. As a Visa Principal Member, Rain enables partners to launch branded card programs quickly and compliantly—without relying on third-party banks or fragmented infrastructure. Rain’s developer-friendly API offers a fully customizable, full-stack issuance solution that supports both custodial and non-custodial wallets and operates natively across multiple blockchain networks. Rain-issued cards are accepted at over 150 million merchants worldwide, making digital assets instantly usable anywhere Visa is accepted. Trusted by industry leaders, Rain is rebuilding essential financial infrastructure to allow money to flow more efficiently across the globe.
Learn more at https://www.rain.xyz/.
About Avalanche
Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network’s architecture allows for the creation of sovereign, efficient
and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.
