Zeros

Two States, Two Different Bets Wyoming issued its own stablecoin . Ohio opened its payment portal . The question behind both moves is the same one. Wyoming became the first U.S. state to issue its own stablecoin when the Frontier Stable Token — ticker FRNT — went on public sale in January 2026. The token is tethered one-to-one to the dollar , backed by U.S. Treasuries and cash held in a state trust managed by Franklin Templeton , and available for purchase through Kraken on the Solana and Avalanche blockchains.  The Wyoming Stable Token Commission , which was authorized by the Wyoming Stable Token Act in 2023, was explicit about where the money goes: net interest revenue from the Treasury reserves is earmarked for the state's School Foundation Fund . That is not a small thing to put in the fine print. Ohio took a different approach. Through its Buckeye Billfold initiative, the state now accepts digital asset payments for fees and services via a third-party proce...

There's a question quietly circulating near digital currency water coolers that deserves more attention than it's getting: is Bitcoin — by design or by drift — positioning itself to slip through the back door of the American banking system, using underutilized national bank charters as the key? It sounds like a conspiracy theory. It might not be. In just 83 days, the Office of the Comptroller of the Currency under Trump -appointed Comptroller Jonathan Gould granted conditional national bank charters to eleven digital asset and fintech firms — including Ripple, Crypto.com, Circle, BitGo, Paxos, and Fidelity Digital Assets. That's a stunning pace, and it raises a reasonable question: what exactly does a national bank charter give a digital assets company that it couldn't already get on its own? The short answer is legitimacy. And access. Bitcoin, as a decentralized asset, has long existed in a regulatory gray zone. It doesn't technically require state-by...