Kraken opens trading in Frontier Stable Token FRNT

Kraken has opened trading in Frontier Stable Token (FRNT) on its platform, expanding access to a US-issued, fiat-backed stable token.

The company said FRNT trading went live on January seven, 2025. Customers can add the asset by navigating to Funding, selecting FRNT and choosing “Deposit”. Kraken warned that deposits must be made only on networks it supports, and that tokens sent via unsupported networks will be lost.

Frontier Stable Token said FRNT is the first fiat-backed, fully reserved stable token issued by a public entity in the United States, created by the Wyoming Stable Token Commission. According to the issuer, the token is backed by US dollars, interoperable across multiple blockchain networks and compatible with existing payment systems and wallets. Governance decisions are made in public meetings with public input, the issuer said.

Kraken said trading through the Kraken app and Instant Buy will be enabled once liquidity conditions are met. It added that geographic restrictions may apply and reiterated that it does not disclose details of future listings until shortly before launch. Client engagement specialists are unable to comment on potential future assets, the company said.

The Recap

• Kraken has listed Frontier Stable Token (FRNT) for trading.
• FRNT is backed by USD with transparent reserves and statutory guidance.
• App trading and Instant Buy open after liquidity conditions are met.