Wyoming now publishes near-real-time reserve verification onchain for FRNT, its state-issued Frontier Stable Token. The Wyoming Stable Token Commission said it adopted Chainlink Proof of Reserve to publish verified data on FRNT's reserves and token supply onchain.
The system combines independent examinations by The Network Firm with Chainlink's oracle infrastructure. Wyoming already publishes daily reserve attestations for FRNT. The US GENIUS Act requires monthly disclosures of reserve composition and outstanding stablecoin supply.
The commission said the integration is meant to provide more timely visibility into changes in FRNT's backing between reporting periods. It is also working to adopt Chainlink's Secure Mint feature, which would require verified reserves to equal or exceed FRNT's total supply before new tokens can be minted.
The move follows Wyoming's full migration of FRNT from LayerZero to Chainlink's Cross-Chain Interoperability Protocol about two weeks earlier, making CCIP the token's exclusive cross-chain infrastructure.
Cointelegraph; Wyoming Stable Token Commission (primary)