Odaily Planet Daily reports: The Wyoming Stablecoin Committee has announced the adoption of Chainlink Proof of Reserve to provide near real-time on-chain reserve verification for the state’s official stablecoin, the Frontier Stable Token (FRNT). Previously, Wyoming migrated its cross-chain infrastructure from LayerZero to Chainlink CCIP and further designated Chainlink as the sole on-chain asset verification infrastructure. The audit firm The Network Firm will review FRNT’s reserves and token supply in accordance with American Institute of Certified Public Accountants (AICPA) standards, with verification data being recorded on-chain via Chainlink to minimize information gaps between reporting periods.
Wyoming Adopts Chainlink for Real-Time Reserve Verification of FRNT
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Summary
Wyoming on-chain news: The state’s Stablecoin Council has adopted Chainlink Proof of Reserve to enable near real-time on-chain verification for its official stablecoin, FRNT. This follows Wyoming’s migration to Chainlink CCIP and its designation of Chainlink as the sole on-chain verification provider. Audit firm The Network Firm will review FRNT’s reserves under AICPA standards, with results recorded on-chain via Chainlink to close reporting gaps. Federal Reserve developments remain a backdrop as states like Wyoming advance transparent, on-chain financial infrastructure.
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