Wyoming Migrates Stablecoin from LayerZero After Security Review

The Wyoming Stable Token Commission has moved its Frontier Stable Token (CRYPTO:FRNT) from LayerZero to Chainlink's CCIP after a security review raised concerns about LayerZero's disclosure and operational security.

The migration joins nearly $15 billion of assets moving from LayerZero to Chainlink CCIP, including Kelp, Solv Protocol, Re, Kraken, and BitGo.

Chainlink CCIP was the only cross-chain system meeting Wyoming's requirements for security and reliability. The commission completed the migration under a multi-year contract with Chainlink.