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Tracking U.S. State-Backed Stable Tokens
U.S. State-Backed Tokens: State-authorised initiatives, with distinctions between government issuance, public-sector involvement and private issuance under state law.
Independent research. Updated continuously.
New State Trackers are added continuously as legislation, commissions and public programmes emerge.
America's first state-backed stable token.
Learn how Wyoming's Stable Token Commission is building the Frontier Stable Token (FRNT), reserve model, governance framework, and infrastructure partnerships.
EU E-Money Tokens: Tokens classified under MiCA's EMT framework, including their specific issuer and redemption requirements.
Global Stablecoins: Market-level tracking of stablecoins across jurisdictions, with regulatory classifications identified separately.
UAE Payment Tokens: Tokens and arrangements falling within the relevant UAE payment-token regulatory framework.
Independent coverage of U.S. state-backed stable tokens and public digital finance.
Evidence-based. Transparent. Public.
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