Wyoming Verifies FRNT Reserves On-Chain with Chainlink

The Wyoming Stable Token Commission has taken a significant step in providing transparent and verifiable backing for its Frontier Stable Token (FRNT) by integrating Chainlink's Proof of Reserve feature.

This move allows FRNT to surpass the monthly disclosure minimum set by the federal GENIUS Act, which requires stablecoin issuers to disclose reserve composition and outstanding supply once a month.

The commission has partnered with The Network Firm to examine the backing under AICPA standards, and Chainlink's oracle network posts this verified data on-chain in near real-time.

This integration is expected to close the gaps of information that arise between formal reports and provide holders with cryptographic proof that any newly minted FRNT is backed by real assets.