Wyoming stablecoin FRNT officially launched and is now available for trading on Solana

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【Blockchain Rhythm】The stablecoin market welcomes a new player. The Frontier Stable Token (abbreviated as FRNT), launched by the Wyoming Stablecoin Committee, was opened to users on exchanges on January 8.

This new stablecoin is currently mainly operating within the Solana ecosystem, but not limited to it. Through Stargate Finance’s cross-chain solution, FRNT can seamlessly transfer to multiple public chains such as Arbitrum, Avalanche, and Base, offering good flexibility.

From the issuer’s perspective, the Wyoming Stablecoin Committee is supported by local crypto policies, adding a touch of compliance to FRNT. The participation of exchanges further enhances liquidity, and user experience should not be significantly affected.

From a market perspective, the variety of stablecoins is becoming increasingly diverse, but few projects truly gain traction. Whether FRNT can break through depends on its actual application within the ecosystem and user stickiness. Multi-chain deployment is a plus, at least reducing cross-chain costs for users.

SOL1,48%
ARB-1,5%
AVAX-1,27%
STG1,56%
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RebaseVictimvip
· 01-08 00:00
Another stablecoin? Is Wyoming this competitive?
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BearMarketBuildervip
· 01-08 00:00
Another stablecoin... Will it have to rely on Wyoming's endorsement to survive this time?
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WalletDivorcervip
· 01-07 23:59
Another stablecoin is coming, this time backed by Huai Zhou policy endorsement. It sounds pretty good, but I'm just worried it might be a fleeting moment.
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SchrodingerWalletvip
· 01-07 23:58
Another stablecoin? The Solana ecosystem is really thriving, but it's hard to say how long this thing can last.
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rekt_but_resilientvip
· 01-07 23:52
Another stablecoin, another game of overcollateralization?
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