Crypto
Wyoming Bolsters Stable Token with Real-Time Reserve Verification via Chainlink
The state of Wyoming is enhancing its state-issued Frontier Stable Token (FRNT) by integrating Chainlink's Proof of Reserve to provide near-real-time on-chain reserve verification.
This move comes after Wyoming fully migrated FRNT from LayerZero to Chainlink's Cross-Chain Interoperability Protocol two weeks ago, making CCIP the token's exclusive cross-chain infrastructure.
The integration with Chainlink will publish verified data on FRNT's reserves and token supply on-chain, combining independent examinations by The Network Firm with Chainlink's infrastructure for near real-time availability.