Wyoming Switches Stable Token Infrastructure with Chainlink CCIP
The Wyoming Stable Token Commission has migrated its Frontier Stable Token (FRNT) from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP). This move follows a security review and a multi-year contract with Chainlink. The commission cited concerns over LayerZero's disclosure practices and operational security as the reason for the switch.
FRNT is the first fiat-backed, fully reserved stable token issued by a public entity in the United States. It launched in January 2026 and is backed by U.S. dollars and short-term U.S. Treasuries. The income from these reserves helps to diversify state revenue and support Wyoming's School Foundation Program.
The deployment strategy for FRNT involves deploying it on multiple public blockchains, including Arbitrum, Avalanche, Base, Ethereum, Hedera, Optimism, Polygon, and Solana. Chainlink co-founder Sergey Nazarov stated that the selection of CCIP demonstrates the need for standard-setting infrastructure to move digital assets across chains at scale.