Wyoming taps Franklin Templeton for first ever state-issued stable token [Wealth Professional (Canada)]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
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Source: Wealth Professional
Wyoming has become the first US state to issue its own stable token, a move that could reshape the trajectory for digital cash, public finance and the future role of government in blockchain markets. The Frontier Stable Token, known as $FRNT, officially launched this week, marking the first time a state government has issued a stable token backed by reserves and made it available for public use. Unlike the privately issued stablecoins that dominate today's market, $FRNT is overseen by the Wyoming Stable Token Commission and backed by US dollars and short-term US Treasuries held in trust and managed by Franklin Templeton. The launch positions Wyoming as a test case for whether government-issued digital money can coexist with, or even compete against, corporate stablecoins that have grown rapidly but remain under regulatory scrutiny. “Wyoming has long been at the forefront of financial innovation, and the launch of $FRNT marks a defining moment in our state's continued leadership
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- 1/12/26 - Form 4
- 1/12/26 - Form 4
- 1/7/26 - Form 40-6B/A
- BEN's page on the SEC website