Binance Square
#wyomingstablecoin

wyomingstablecoin

6,260 views
13 Discussing
CryptoXennny
ยท
--
ETH: Wyoming has launched FRNT, the country's first state-backed stablecoin ๐Ÿš€ Fully backed by cash and Treasuries, this dollar-pegged token is managed by Franklin Templeton. Interest from reserves goes to Wyoming public schools. ๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ’ฐ Wyoming officially enters the digital asset market with a direct play onto open crypto networks. A big shift for public finance systems! ๐Ÿ’ก The FRNT token can now move across multiple chains, including Ethereum, making it versatile and ready for diverse applications in DApps and payments. โšก๏ธ๐ŸŒ While no yield is offered to holders at launch due to regulatory uncertainty, this experiment aims to pave the way for future use cases within public finance. ๐Ÿ› ๐Ÿ’ก Are you excited or skeptical about Wyoming's bold move? What do you think of state-backed stablecoins in crypto? ๐Ÿ‘‡ #ETH #WyomingStablecoin #DigitalAssetMarket #FranklinTempleton
ETH: Wyoming has launched FRNT, the country's first state-backed stablecoin ๐Ÿš€

Fully backed by cash and Treasuries, this dollar-pegged token is managed by Franklin Templeton. Interest from reserves goes to Wyoming public schools. ๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ’ฐ

Wyoming officially enters the digital asset market with a direct play onto open crypto networks. A big shift for public finance systems! ๐Ÿ’ก

The FRNT token can now move across multiple chains, including Ethereum, making it versatile and ready for diverse applications in DApps and payments. โšก๏ธ๐ŸŒ

While no yield is offered to holders at launch due to regulatory uncertainty, this experiment aims to pave the way for future use cases within public finance. ๐Ÿ› ๐Ÿ’ก

Are you excited or skeptical about Wyoming's bold move? What do you think of state-backed stablecoins in crypto? ๐Ÿ‘‡

#ETH #WyomingStablecoin #DigitalAssetMarket #FranklinTempleton
Verified
#wyomingmovesfrnttochainlinkccip ๐Ÿค  The stablecoin committee in Wyoming has just taken down LayerZero and moved its stablecoin FRNT to Chainlink CCIP. Why? Because putting all your eggs in one basket is risky after a $292 million hackโ€”certainly not a good look for a U.S. government entity! ๐Ÿฅš Safety first! They audited security and chose Chainlink to reduce risk. No more keeping everything in a single, risky basket. ๐Ÿ“ˆ What should traders do? When โ€œUncle Samโ€ starts moving millions based on smart contract security, maybe itโ€™s time to check where youโ€™ve parked your bags. Watch $LINK ! โš ๏ธ DYOR! Not financial advice. Please follow up #ChainlinkCCIP #WyomingStablecoin #FRNT $BTC {future}(BTCUSDT)
#wyomingmovesfrnttochainlinkccip
๐Ÿค  The stablecoin committee in Wyoming has just taken down LayerZero and moved its stablecoin FRNT to Chainlink CCIP. Why? Because putting all your eggs in one basket is risky after a $292 million hackโ€”certainly not a good look for a U.S. government entity!
๐Ÿฅš Safety first! They audited security and chose Chainlink to reduce risk. No more keeping everything in a single, risky basket.
๐Ÿ“ˆ What should traders do? When โ€œUncle Samโ€ starts moving millions based on smart contract security, maybe itโ€™s time to check where youโ€™ve parked your bags. Watch $LINK !
โš ๏ธ DYOR! Not financial advice.

Please follow up

#ChainlinkCCIP #WyomingStablecoin #FRNT
$BTC
ยท
--
Bullish
#wyomingmovesfrnttochainlinkccip ๐Ÿค  Wyomingโ€™s Stablecoin Commission just dropped LayerZero and moved their FRNT stablecoin to Chainlink CCIP. Why? Because putting all your eggs in one vulnerable basket after a $292M hack isn't a good look for a US government entity! ๐Ÿฅš Safety first! They audited the security and chose Chainlink to diversify risks. No more keeping everything in one risky basket. ๐Ÿ“ˆ What should traders do? When Uncle Sam starts moving millions based on smart contract security, maybe it's time to check where you park your bags. Keep an eye on $LINK! โš ๏ธ DYOR! Not financial advice. ๐Ÿ‘‰ Sign up on Binance now: [https://www.binance.com/register?ref=VINHTOCDO](https://www.binance.com/register?ref=VINHTOCDO) (Code: VINHTOCDO) #ChainlinkCCIP #WyomingStablecoin #FRNT #VINHTOCDO $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
#wyomingmovesfrnttochainlinkccip
๐Ÿค  Wyomingโ€™s Stablecoin Commission just dropped LayerZero and moved their FRNT stablecoin to Chainlink CCIP. Why? Because putting all your eggs in one vulnerable basket after a $292M hack isn't a good look for a US government entity!
๐Ÿฅš Safety first! They audited the security and chose Chainlink to diversify risks. No more keeping everything in one risky basket.
๐Ÿ“ˆ What should traders do? When Uncle Sam starts moving millions based on smart contract security, maybe it's time to check where you park your bags. Keep an eye on $LINK!
โš ๏ธ DYOR! Not financial advice.
๐Ÿ‘‰ Sign up on Binance now: https://www.binance.com/register?ref=VINHTOCDO (Code: VINHTOCDO)
#ChainlinkCCIP #WyomingStablecoin #FRNT #VINHTOCDO
$BTC
$ETH
$BNB
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number