#statebacked — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #statebacked, aggregated by home.social.
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#Wyoming has launched the #first #statebacked #stablecoin, the #FrontierStableToken (#FRNT), on seven blockchains. The token, overcollateralised by #cash and #USTreasurys, aims to provide secure and efficient #digitaltransactions. This move solidifies Wyoming’s position as a #leader in #digitalfinance and #blockchain #innovation. https://www.theblock.co/post/367459/wyoming-launches-first-state-backed-stablecoin-on-seven-blockchains?eicker.news #tech #media #news