The Wyoming Stable Token Commission has adopted Chainlink Proof of Reserve for its Frontier Stable Token (FRNT), bringing verified reserve information onchain and updating the data in near real time.
The integration gives FRNT holders greater visibility into the assets backing the state-issued stablecoin and takes Wyoming beyond the minimum disclosure requirements established under the federal GENIUS Act.
An independent examiner, The Network Firm, will verify FRNT's reserve assets and circulating token supply under AICPA standards. Chainlink's oracle infrastructure will then publish the verified information onchain and refresh it as reserve data changes.
The system is designed to reduce information gaps between scheduled reserve reports and provide users with more continuous visibility into FRNT's backing.
FRNT Goes Beyond Federal Disclosure Requirements
FRNT launched in January 2026 as the first stable token issued by a US state. The token is backed by US dollars and short-term US Treasury securities.
Unlike yield-bearing stablecoins, income generated by FRNT's reserves does not flow to token holders. Instead, reserve yield is directed to Wyoming's School Foundation Program.
The GENIUS Act requires stablecoin issuers to disclose reserve composition and outstanding token supply at least once per month.
Wyoming was already exceeding that requirement by publishing FRNT reserve attestations daily. Chainlink's integration now pushes transparency beyond a daily snapshot by allowing verified reserve information to be reflected onchain closer to real time.
Secure Mint Could Link Reserves Directly to Token Issuance
Wyoming is also working to adopt another Chainlink feature known as Proof of Reserve Secure Mint, which would connect reserve verification directly with FRNT's issuance process.
Under the planned system, new FRNT tokens could only be minted when verified reserves are equal to or greater than the stablecoin's total supply.
The mechanism is designed to reduce the risk of so-called infinite-mint attacks, where tokens are created without sufficient assets backing them.
By placing reserve verification directly inside the minting process, Wyoming aims to provide cryptographic confirmation that newly issued FRNT remains fully collateralized.
The commission said Secure Mint is still being adopted, meaning the functionality has not yet been fully implemented.
Wyoming Deepens Its Chainlink Integration
The reserve verification initiative follows another major change to FRNT's infrastructure.
In August, Wyoming decided to move FRNT's cross-chain infrastructure from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a security review.
CCIP became FRNT's exclusive cross-chain rail, allowing the stablecoin to move between supported blockchain networks through Chainlink's interoperability infrastructure.
The migration places Wyoming among projects that have shifted significant blockchain value toward CCIP. Approximately $15 billion in onchain value has reportedly migrated from LayerZero to Chainlink CCIP.
Combined with Proof of Reserve, the decision means Chainlink will now play roles in both FRNT's cross-chain movement and verification of its underlying collateral.
Chainlink Expands Across Institutional Finance
Wyoming's expanded partnership comes as Chainlink continues strengthening its position across tokenized assets, stablecoins and institutional blockchain infrastructure.
Chainlink was recently selected to provide pricing infrastructure for Coinbase's B20 tokenized equities. The company has also participated in Project Pangea, an initiative involving banks exploring euro and Korean won settlement.
It has additionally worked with the Depository Trust & Clearing Corporation on blockchain-related financial infrastructure.
For Wyoming, however, the immediate objective is stablecoin transparency. By combining independent reserve examinations with near-real-time onchain verification, the state is attempting to establish a higher disclosure standard than federal law currently requires.
The planned Secure Mint integration could take that approach further by making verified reserves a direct condition for creating additional tokens.
Together, the upgrades position FRNT as an experiment in how public-sector stablecoins can combine traditional financial auditing with blockchain-based verification, while Wyoming continues expanding the infrastructure surrounding the first US state-issued stable token.
