
In this episode of Stable Coins Unpegged, Max and Teresa break down two landmark launches: Wyoming’s Frontier Stable Token—the first state-issued stablecoin in the U.S.—and MetaMask’s mUSD, the first wallet-native stablecoin. We explore why Wyoming is betting on government efficiency and economic development, how MetaMask is reshaping user experience with a built-in digital dollar, and what the GENIUS Act means for the future of stablecoins. Tune in for insights on how public and private stablecoins are set to transform payments, regulation, and the $12 trillion market ahead.