Wyoming Taps Chainlink for Real-Time Reserve Verification

The state of Wyoming has expanded its use of Chainlink infrastructure for on-chain proof of reserves. The Wyoming Stable Token Commission adopted Chainlink Proof of Reserve to publish verified information about Frontier Stable Token's (FRNT) reserves and token supply on the blockchain.

This update makes reserve data available in near real-time using a setup that combines independent examinations by The Network Firm with Chainlink's Proof of Reserve tooling. This aims to improve how quickly users can see changes in backing between reporting cycles.

The commission is also working on Chainlink Secure Mint, which would gate new FRNT minting on verified reserves being at least equal to total supply.