Wyoming adds Chainlink proof of reserve to FRNT stablecoin

The Wyoming Stable Token Commission adopts Chainlink Proof of Reserve to provide near-real-time onchain verification for its Frontier Stable Token (FRNT). While FRNT is the first state-issued stablecoin in the US, its outstanding supply of under $1 million represents just 0.2% of the state's initial projections. The integration follows Wyoming's recent migration to Chainlink's Cross-Chain Interoperability Protocol due to security concerns with LayerZero, marking another major institutional win for Chainlink.

Chainlink Proof of Reserve adoption

• ▪The Wyoming Stable Token Commission is in the process of adopting Chainlink's Proof of Reserve Secure Mint feature to programmatically block minting unless verified reserves cover total supply.
• ▪The Frontier Stable Token is backed by United States dollars and short-term United States Treasurys, with interest income deposited into Wyoming's School Foundation Program.
• ▪The Wyoming Stable Token Commission's integration of Chainlink Proof of Reserve publishes reserve and supply balances examined by The Network Firm to an onchain feed.
• ▪The Wyoming Stable Token Commission adopted Chainlink Proof of Reserve as the exclusive onchain verification layer for the Frontier Stable Token on September 2, 2026.

FRNT supply versus projections

• ▪The Wyoming Stable Token Commission projected a base case of $19.1 million in gross reserve revenue for fiscal year 2027 in a December budget-session factbook.
• ▪The Frontier Stable Token reached mainnet in August 2025, issued its first tokens in October 2025, and opened to public purchase on January 7, 2026.
• ▪The Frontier Stable Token had an outstanding supply of approximately 967,948 tokens as of September 2026, representing about 0.2% of the 508.7 million tokens projected by the Wyoming Stable Token Commission.

LayerZero to Chainlink CCIP migration

• ▪The Wyoming Stable Token Commission migrated to Chainlink's Cross-Chain Interoperability Protocol after identifying security and disclosure concerns regarding LayerZero during a proactive security review.
• ▪The Wyoming Stable Token Commission fully migrated the Frontier Stable Token from LayerZero to Chainlink's Cross-Chain Interoperability Protocol on August 18, 2026.

Chainlink institutional integrations

• ▪The Depository Trust and Clearing Corporation announced in May 2026 that it would integrate Chainlink technology into a planned 24/7 platform for managing tokenized collateral.
• ▪Chainlink became the pricing-data provider for Coinbase's B20 tokenized equities following their launch on the Base network in August 2026.
• ▪Chainlink joined Project Pangea in June 2026 alongside European and South Korean banking groups to explore regulated stablecoins for atomic foreign exchange settlement.

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