Frontier AdoptionEvidence-graded tracking of what's actually live

Deployments · platform by Fireblocks

Frontier Stable Token (FRNT)New

The Frontier Stable Token is a dollar stable token issued by the State of Wyoming through its Stable Token Commission, the first stable token issued by a US public body. Reserves of dollars and short-term Treasuries are managed by Franklin Templeton's adviser and held by Fiduciary Trust Company International; reserve income goes to the state. It was deployed on eight public blockchains in August 2025, first issued and redeemed in late 2025, and opened to the public in January 2026 through Kraken. Supply is small: just under $1 million in October 2026, about 40% on Solana.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 7 Jan 2026[2] — Publicly available and redeemable, but supply is under $1 million and buying runs through a handful of licensed resellers. · Reviewed 24d ago

Assets
Stablecoin[2]
State-issued dollar stable token backed by dollars and short-term Treasuries held in trust
Networks
Arbitrum Public, permissionless[2][4]
Avalanche Public, permissionless[2][4]
Base Public, permissionless[2][4]
Ethereum Public, permissionless[2][4]
Hedera Public, permissioned[2]
Listed as deployed in the factbook; DefiLlama shows no supply on Hedera.
Optimism Public, permissionless[2][4]
Polygon Public, permissionless[2][4]
Solana Public, permissionless[2][4]
Use cases
Primary issuance[2][4]Payments[2]
Jurisdictions
Wyoming

Participants

Operates under

Likely relevant regulation

Assets

Data feeds

  • Proof of reservesChainlink LabsProof of ReserveBase[3][1]FRNT Proof of Reserves feed on Base, issuer Wyoming Stable Token Commission; reserve data via LedgerLens from The Network Firm's examination.

Moves across networks

  • viaChainlink CCIP[3]Migrated from LayerZero to CCIP in August 2026 after a security review; the source does not list the routes.

Metrics

  • ~$967,948Tokens outstanding · as of 15 Oct 2026[4]
    Sum of DefiLlama's per-chain balances.
  • ~$392,247Tokens outstanding · as of 15 Oct 2026 · on Solana[4]
  • ~$98,676Tokens outstanding · as of 15 Oct 2026 · on Avalanche[4]
  • ~$97,047Tokens outstanding · as of 15 Oct 2026 · on Arbitrum[4]
  • ~$95,052Tokens outstanding · as of 15 Oct 2026 · on Ethereum[4]
  • ~$95,009Tokens outstanding · as of 15 Oct 2026 · on Polygon[4]
  • ~$95,005Tokens outstanding · as of 15 Oct 2026 · on Optimism[4]
  • ~$94,912Tokens outstanding · as of 15 Oct 2026 · on Base[4]
  • ~$967,948Supply on chain (daily) · as of 6 Nov 2026[8]
    Automated daily reading of on-chain supply across all chains.
  • ~$95,005Supply on chain (daily) · as of 6 Nov 2026 · on Optimism[8]
    Automated daily reading.
  • ~$95,052Supply on chain (daily) · as of 6 Nov 2026 · on Ethereum[8]
    Automated daily reading.
  • ~$95,009Supply on chain (daily) · as of 6 Nov 2026 · on Polygon[8]
    Automated daily reading.
  • ~$98,778Supply on chain (daily) · as of 6 Nov 2026 · on Avalanche[8]
    Automated daily reading.
  • ~$392,145Supply on chain (daily) · as of 6 Nov 2026 · on Solana[8]
    Automated daily reading.
  • ~$97,047Supply on chain (daily) · as of 6 Nov 2026 · on Arbitrum[8]
    Automated daily reading.
  • ~$94,912Supply on chain (daily) · as of 6 Nov 2026 · on Base[8]
    Automated daily reading.

Timeline

  1. Happened 2 Sep 2026 · Production milestone · recorded 15 Oct 2026
    The Commission adopts Chainlink Proof of Reserve to publish examined reserve data on chain; a mint control tied to reserves is still being adopted.[3]
  2. Happened Aug 2026 (month only) · Scope expansion · recorded 15 Oct 2026
    FRNT moves its cross-chain infrastructure from LayerZero to Chainlink CCIP.[3]
  3. Happened 7 Jan 2026 · Launch · recorded 15 Oct 2026
    FRNT opens to public purchase with dollars or USDC through Kraken.[2]
  4. Happened 17 Nov 2025 · Production milestone · recorded 15 Oct 2026
    The first monthly attestation of FRNT reserves (as of 31 October) is published.[2]
  5. Happened 9 Oct 2025 · First transaction · recorded 15 Oct 2026
    Reserve custody goes live and the Commission makes the first FRNT issuance; the first redemption follows on 17 November.[2]
  6. Happened 18 Aug 2025 · Production milestone · recorded 15 Oct 2026
    FRNT is deployed on mainnet on eight blockchains, built with LayerZero and Fireblocks.[2]

Sources

  1. [1]Chainlink data feeds directory: Base (machine-readable feed list behind data.chain.link) — Chainlink. Accessed 16 Oct 2026. Provider's own feed directory; JSON with no page headline, so the title is descriptive. Each entry names the feed, its proxy contract and, for SmartData feeds, the issuer and data source..B
  2. [2]Wyoming Stable Token Commission – Factbook — Wyoming Stable Token Commission, 21 Aug 2026. Accessed 15 Oct 2026.B
  3. [3]Wyoming expands Chainlink partnership with onchain reserve verification for FRNT — The Block, 2 Sep 2026. Accessed 15 Oct 2026.C
  4. [4]Frontier Stable Token stablecoin data (API) — DefiLlama, 15 Oct 2026. Accessed 15 Oct 2026.A
  5. [5]FRNT asset page: service providers — RWA.xyz. Accessed 28 Oct 2026. Auditor field (The Network Firm) and platform field (Fireblocks) read from the embedded JSON on 28 Oct 2026; grade C under the editor's rule for RWA.xyz provider fields..C
  6. [6]Frontier Stable Token (FRNT) Debuts Rain-Issued Card on Avalanche For Everyday Stablecoin Spending — Rain, 19 Aug 2025. Accessed 28 Oct 2026.B
  7. [7]Enrolled Act No. 85, Senate (SF0127): Wyoming Stable Token Act — Wyoming Legislature, 2023. Accessed 18 Oct 2026.A
  8. [8]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 6 Nov 2026.A

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