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State-Issued Stablecoins and the Future of Digital Currency Regulation: Lessons from Wyoming’s Frontier Token

2025-11-17 13:00:00

1 hours

2025-11-17 13:00:00

1 hours

Wyoming launches first state-issued stablecoin, exploring stablecoin mechanics, GENIUS Act implications, and U.S. digital finance leadership.

2025-11-17 13:00:00

1 hours

Wyoming launches first state-issued stablecoin, exploring stablecoin mechanics, GENIUS Act implications, and U.S. digital finance leadership.

2025-11-17 13:00:00

1 hours

1000+

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24/7

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Trusted by Legal Professionals

1000+

Live stream programs

24/7

Access to live webinars & recordings

10,000+

Trusted by Legal Professionals

Course Overview

Mastering State-Issued Stablecoins and Digital Finance

Participants will learn how Wyoming’s Frontier Stable Token operates as the first state-issued stablecoin and its implications under the GENIUS Act. Gain practical insights into compliance frameworks, reserve management, and competitive positioning.

Token Mechanics

Understand issuance, redemption, and reserve processes.

Regulatory Framework

Analyze GENIUS Act requirements and compliance standards.

Risk Management

Evaluate collateralization and investment parameter requirements.

Competitive Landscape

Assess state, bank, and international stablecoin strategies.

Course Overview

Mastering State-Issued Stablecoins and Digital Finance

Participants will learn how Wyoming’s Frontier Stable Token operates as the first state-issued stablecoin and its implications under the GENIUS Act. Gain practical insights into compliance frameworks, reserve management, and competitive positioning.

Token Mechanics

Understand issuance, redemption, and reserve processes.

Regulatory Framework

Analyze GENIUS Act requirements and compliance standards.

Risk Management

Evaluate collateralization and investment parameter requirements.

Competitive Landscape

Assess state, bank, and international stablecoin strategies.

Why Attend

Why this 
program matters

Understanding stablecoin regulation is essential for legal practitioners because this rapidly evolving area now governs trillions in digital asset transactions and reshapes cross-border payments, banking compliance, and securities law.
$33T
Global stablecoin transaction volume reached $33 trillion in 2025, up 72% from the previous year.
99%
Nearly 99% of fiat-backed stablecoins in circulation are pegged to the U.S. dollar.
90%
Approximately 90% of surveyed financial institutions are actively engaged in or planning stablecoin adoption initiatives.
71%
In Latin America, 71% of stablecoin activity is tied to cross-border payments, the highest regional share globally.

Agenda

Session 1

Wyoming's Frontier Token Strategy and State Innovation

Session 2

Stablecoin Mechanics and Real-World Commercial Applications

Session 3

GENIUS Act Framework and Regulatory Policy Analysis

Session 4

Competitive Landscape and U.S. Global Stablecoin Leadership

clock 1:00 pm - 1:15 pm EST

Wyoming's Frontier Token Strategy and State Innovation

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Explore Wyoming’s pioneering approach as the first state to issue a fiat-backed stablecoin, including the strategic rationale behind FRNT and its public good mission to fund education. Learn about the implementation process, blockchain infrastructure spanning seven chains, and the potential ripple effects as other states like North Dakota and Nebraska consider similar models.

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

clock 1:15 pm - 1:30 pm EST

Stablecoin Mechanics and Real-World Commercial Applications

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Understand how fiat-backed stablecoins function differently from fractional reserve banking, operating as narrow banks with full one-to-one redemption guarantees. Discover the comparative advantages over traditional payment services and cryptocurrencies, including practical applications from tax payments to low-cost international remittances.

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

clock 1:30 pm - 1:45 pm EST

GENIUS Act Framework and Regulatory Policy Analysis

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Analyze the impact of the GENIUS Act passed in summer 2025, which provides a regulatory framework excluding stablecoins from securities and commodities jurisdiction. Examine how Wyoming positions itself relative to the Act’s requirements, the July 2026 federal rulemaking deadline, and the balance between safety standards and competitive innovation.

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

clock 1:45 pm - 2:00 pm EST

Competitive Landscape and U.S. Global Stablecoin Leadership

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Survey the evolving competition between state-issued and privately-issued stablecoins, and how major banks are positioning their strategies from building proprietary solutions to white-label partnerships. Assess the four key requirements for U.S. global leadership: flawless GENIUS implementation, blockchain interoperability, merchant acceptance, and international regulatory coordination.

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

01 04
Prev
Next

Key topics that will be covered

What will you learn

Attorneys will learn how Wyoming's Frontier Stable Token works, including its issuance process, reserve management, redemption mechanisms, and voluntary compliance with GENIUS Act standards.

What will you gain

Attorneys will gain understanding of the competitive stablecoin landscape, regulatory frameworks across jurisdictions, and strategic considerations for banks and states entering digital finance.

Frontier Token
Wyoming’s state-issued stablecoin generates reserve interest funding public schools.
Reserve Requirements
Frontier maintains 102% over-collateralization in short-term treasuries and overnight repos.
GENIUS Act
Federal framework excludes governmental entities from its definition of person.
Bank Strategies
Large banks will build stablecoins; regional banks will pursue partnerships.
Global Competition
MiCA, Singapore, and Bermuda offer varying regulatory approaches to stablecoins.
U.S. Leadership
Success requires flawless implementation, interoperability, merchant acceptance, and international coordination.

What will you learn

Attorneys will learn how Wyoming's Frontier Stable Token works, including its issuance process, reserve management, redemption mechanisms, and voluntary compliance with GENIUS Act standards.

What will you gain

Attorneys will gain understanding of the competitive stablecoin landscape, regulatory frameworks across jurisdictions, and strategic considerations for banks and states entering digital finance.

Plans

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Price
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Individual Purchase
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Corporate CLE Plan
$95 – $245
Price varies based
on the course duration
of 1 to 3+ hours
Access type Pay per
class
Number of Available Webinars 1
Number of New Webinars Added Yearly Limited
Earn "Live" CLE credit Included
Ability to Ask Questions During
the Presentation via a Chat Box
Included
Attend "Live" Re-Broadcasts Included
Exclusive Partner Webinars & Events
Special credits (Ethics, Elimination
of Bias, etc.)
Instant Certificates After Completion
Personalized CLE Platform
Live Conferences
Bootcamps

speakers

Joe Ervin

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Kevin Foley

Reminger Co
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Grant H. Lawson

The Law Firm for Truck Safety, LLP
A Partner at The Law Firm for Truck Safety. He focuses exclusively on cases involving commercial motor vehicle crashes and wrongful death. Joe also holds a valid class “A” commercial driver’s license with endorsements for double/triple trailers and tankers.

Education & Credentials

A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.

Recognition & Leadership

Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety.
 He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.

Professional Involvement

Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024).
 He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.

Experience

Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.

Flavia Naves

Hathaway & Kunz LLP

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Flavia Naves

Hathaway & Kunz LLP

Distinguished legal and compliance executive who has played a pivotal role in shaping the growth and innovation of financial services companies at every stage of development. Recognized for her entrepreneurial mindset, ability to anticipate regulatory shifts, and proven track record of driving businesses forward in highly complex markets.

Education & Credentials

Law degree from Pontificia Universidade Católica de Minas Gerais; certificate in U.S. legal studies from Widener University Commonwealth Law School.

Recognition & Leadership

Widely connected across the banking, money transmission, and payments sectors; trusted advisor to industry leaders and a respected voice before state and federal regulators.

Professional Involvement

Commissioner on Wyoming's Stable Token Commission.

Experience

Currently Of Counsel at Hathaway & Kunz in Cheyenne, advising companies on corporate strategy, licensing, and regulatory compliance. Serves as Commissioner on Wyoming's Stable Token Commission. Career includes senior leadership positions at global companies such as Circle, Intuit, and Worldplay, where she helped advance transformative initiatives in fintech and payments.

Flavia Naves

Hathaway & Kunz LLP

Distinguished legal and compliance executive who has played a pivotal role in shaping the growth and innovation of financial services companies at every stage of development. Recognized for her entrepreneurial mindset, ability to anticipate regulatory shifts, and proven track record of driving businesses forward in highly complex markets.

Education & Credentials

Law degree from Pontificia Universidade Católica de Minas Gerais; certificate in U.S. legal studies from Widener University Commonwealth Law School.

Recognition & Leadership

Widely connected across the banking, money transmission, and payments sectors; trusted advisor to industry leaders and a respected voice before state and federal regulators.

Professional Involvement

Commissioner on Wyoming's Stable Token Commission.

Experience

Currently Of Counsel at Hathaway & Kunz in Cheyenne, advising companies on corporate strategy, licensing, and regulatory compliance. Serves as Commissioner on Wyoming's Stable Token Commission. Career includes senior leadership positions at global companies such as Circle, Intuit, and Worldplay, where she helped advance transformative initiatives in fintech and payments.

Gary E. Kalbaugh

Cahill Gordon & Reindel LLP

Partner and preeminent authority in the derivatives field who is also the leading derivatives lawyer in the digital assets space, and one of few to truly understand the technical side of emerging financial technology. Sought after as a thought leader on the evolving landscape of digital asset regulation and the regulatory implications of AI in financial markets.

Recognition & Leadership

Author of the principal treatise Derivatives Law and Regulation (3rd ed. 2021); serves as Editor-in-Chief of the Futures and Derivatives Law Report, the foremost industry publication; frequent speaker, writer, and commentator on derivatives, banking law, artificial intelligence, and digital assets regulation.

Professional Involvement

Serves on the CFTC's Future of Finance Subcommittee; past chair of the New York City Bar Association's Committee on the Regulation of Futures and Derivatives; served as conference co-chair for the American Bar Association's 'Artificial Intelligence and Derivatives Market' conference.

Experience

Partner at Cahill Gordon & Reindel LLP; Special Professor of Law at the Maurice A. Deane School of Law at Hofstra University teaching derivatives law and banking law with over 15 years of experience. At ING, served as Deputy General Counsel and Director, chaired swap dealer and security-based swap dealer regulatory committees, co-developed ING legal's global artificial intelligence training program, and was responsible for U.S. regulatory issues relating to ING's blockchain-based pilot programs and crypto initiatives. Previously served as lecturer-in-law at Columbia Law School and held senior roles at WestLB as executive director, counsel, and chief U.S. data protection officer.

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