Wyoming Launches First Government-Backed Stablecoin Amid Bitcoin Decline

Amid bitcoin's decline from its October 2025 all-time high, Wyoming has become the first U.S. state to issue a government-backed stablecoin called FRNT. The move aims to modernize payments and attract financial innovation.

By Jessica Wong Thu, June 18, 2026 at 6:25 PM GMT+3 6 min read · Yahoo Finance · June 18, 2026, 15:25 UTC

Wyoming Launches First Government-Backed Stablecoin Amid Bitcoin Decline

Tickers: $BTC

Topics: Bitcoin FRNT stablecoin government-backed crypto Wyoming

Read the full article at Yahoo Finance

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