FRNT introduces near-real-time on-chain reserve verification, Wyoming designates Chainlink as the sole verification infrastructure

Odaily News: The Wyoming Stablecoin Commission 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 had migrated its cross-chain infrastructure from LayerZero to Chainlink CCIP, and has now 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 the American Institute of Certified Public Accountants (AICPA) standards, with verification data being published on-chain via Chainlink to reduce information gaps between reporting periods.