Wyoming adopts Chainlink system to strengthen FRNT reserve transparency
Wyoming is also in the process of implementing Proof of Reserve Secure Mint.
The Wyoming Stable Token Commission has adopted Chainlink Proof of Reserve as its onchain verification infrastructure.
The move expands Wyoming’s use of Chainlink to strengthen reserve transparency for its Frontier Stable Token (FRNT). It comes shortly after the Commission selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain infrastructure for the state-issued stable token.
The Commission says the combination would provide a more secure and transparent infrastructure for FRNT.
The move goes beyond the federal transparency framework established by the GENIUS Act, which requires monthly disclosure of stablecoin reserves and outstanding supply backed by independent examination of month-end figures. Wyoming already publishes daily attestations, but says those reports still provide only snapshots and can leave an information gap between reporting periods.
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The Network Firm will independently examine FRNT’s reserves and token-supply balances under AICPA standards. Chainlink Proof of Reserve will then deliver verified reserve information onchain in near real time, creating what the Commission described as a stronger assurance model for regulators and market participants.
Wyoming is also adopting Chainlink Proof of Reserve Secure Mint. The system can programmatically prevent new FRNT tokens from being minted unless verified reserves are at least equal to the outstanding token supply. According to the Commission, this could reduce the risk of infinite-mint attacks while giving users cryptographically verifiable evidence that new tokens are backed.
The Commission said the initiative reinforces Wyoming’s position as a leader in public-sector digital assets, with FRNT intended to support digital payments and tokenized financial markets while maintaining high standards for transparency and resilience.