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Chainlink: Wyoming Commission Adopts Proof of Reserve for FRNT Stablecoin - 02 Sep 2026

By Exbasi Intelligence
Sourced from CoinMarketCal
Chainlink: Wyoming Commission Adopts Proof of Reserve for FRNT Stablecoin - 02 Sep 2026
The Wyoming Stable Token Commission adopts Chainlink Proof of Reserve for FRNT, making it the first stablecoin issued by a U.S. public entity to publish verified reserve data onchain. The integration brings continuous, automated reserve attestation to a state-issued token rather than relying on periodic manual disclosures.For FRNT holders, reserve verification shifts from scheduled reports to onchain data that anyone can check against the token supply in near real time. This reduces reliance on trust in the issuer's statements and gives the commission an automated way to demonstrate backing, a structure that could influence how other public entities approach stablecoin issuance.For Chainlink, the adoption is a regulatory-grade institutional use of its infrastructure within a U.S. government framework. It sets a precedent for public-sector stablecoins, though the direct token-economic effect on LINK is not quantified, and the announcement does not specify additional deployments beyond FRNT.NEW: adopts Chainlink Proof of Reserve to set a new United States standard for digital asset transparency ๐Ÿ‡บ๐Ÿ‡ธVia Chainlink, FRNT exceeds GENIUS Act requirements & becomes the first stablecoin issued by a U.S. public entity to publish verified reserve data onchain.

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