Wyoming's 'Frontier' Stablecoin Launches After Four-Month Delay
The Wyoming Frontier Stable Token has been released to the public. The launch comes four months after its initial announcement. The stablecoin's debut marks a new development in the stablecoin market, but the source does not specify details regarding yield or other features. Stablecoins are cryptocurrencies designed to minimize volatility by pegging their value to a stable asset, such as the U.S. dollar. They are used in decentralized finance (DeFi) and trading.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.