Wyoming State Issued Stablecoin FRNT Gets Real-Time Reserve Data via Chainlink Proof of Reserve
Wyoming has adopted Chainlink's Proof of Reserve for its state-issued stablecoin, FRNT. This move allows users to access near-real-time reserve and supply data onchain.
The integration combines independent examinations conducted by The Network Firm with Chainlink's infrastructure. The Network Firm checks reserve assets and outstanding token balances under standards established by the American Institute of Certified Public Accountants.
Chainlink then delivers the resulting verification data onchain, providing a more recent view of FRNT's backing than periodic reports alone.