The Wyoming Stable Token Commission adopted Chainlink Proof of Reserve on Sept. 2 to publish near-real-time reserve and supply data for the state-issued Frontier Stable Token, or FRNT.
Summary
- Wyoming adopted Chainlink Proof of Reserve to publish verified FRNT reserve and supply data onchain.
- The Network Firm examines reserve balances while Chainlink distributes resulting verification data across supported blockchains.
- Wyoming already publishes daily FRNT attestations, compared with monthly disclosures required under federal stablecoin law.
- Secure Mint remains under adoption and would block issuance whenever verified reserves trail token supply.
- FRNT launched in January, backed by dollars and short-term U.S. Treasury securities, according to Wyoming.
The integration combines independent examinations conducted by The Network Firm with Chainlink’s infrastructure. The Network Firm checks reserve assets and outstanding token balances under standards established by the American Institute of Certified Public Accountants.
Chainlink then delivers the resulting verification data onchain. The arrangement gives users a more recent view of FRNT’s backing than periodic reports alone, according to the joint announcement.
Chainlink reserve data supplements daily attestations
Wyoming already publishes daily FRNT reserve attestations through the commission’s website. Proof of Reserve adds an automated onchain distribution layer to those independent examinations.
However, an onchain feed does not independently inspect cash or Treasury securities. It publishes data produced through the underlying examination process. Its reliability therefore depends on the accuracy of the reserve records, the external examiner and Chainlink’s data-delivery infrastructure.
The commission described the integration as providing “near real time” verification. It did not disclose the precise update frequency, the data feed’s contract addresses or the conditions that would trigger an alert when reserve coverage changes.
Proof of Reserve also does not remove the need for financial audits, custody controls or public reporting. It offers an additional way for applications and market participants to access the reported reserve position onchain.
Wyoming says FRNT exceeds federal disclosure rules
The commission said its daily reporting and onchain verification “meet and exceed” the federal baseline established by the GENIUS Act. That comparison represents Wyoming’s assessment rather than a separate determination from a federal regulator.
The federal law requires permitted payment stablecoin issuers to publish monthly reports covering reserve composition and outstanding supply. Those reports must receive an independent examination, while company officers must certify their accuracy.
Wyoming argues that monthly reports provide only a point-in-time view and leave a gap between reporting dates. Daily attestations and an onchain data feed can narrow that gap, although they do not guarantee that reserves cannot change between updates.
The GENIUS Act also contains requirements beyond reserve disclosures, including rules governing permitted assets, redemptions and regulatory supervision. The commission’s announcement focused on transparency and did not claim that Proof of Reserve replaces those obligations.
Secure Mint would connect reserves directly to issuance
Wyoming is also adopting Chainlink’s Secure Mint feature. The feature is not yet confirmed as operational for FRNT.
Once implemented, Secure Mint would require verified reserves to equal or exceed FRNT’s outstanding supply before allowing new tokens to be issued. A failed reserve check would prevent additional minting until the reported coverage returned to the required level.
The commission said this structure could reduce the risk of an “infinite-mint attack,” where an attacker exploits issuance controls to create unbacked tokens. Secure Mint would address one part of that risk by placing a reserve condition inside the minting process.
Its effectiveness will depend on implementation details that have not been published. These include update intervals, emergency controls, administrator permissions and procedures for handling inaccurate or unavailable reserve data.
FRNT expands its use of Chainlink infrastructure
Wyoming publicly launched FRNT on Jan. 7, 2026. The commission says the token is backed by U.S. dollars and short-term U.S. Treasury securities. Income generated from the reserves supports the state’s School Foundation Program.
The reserve verification announcement follows Wyoming’s migration of FRNT’s cross-chain infrastructure from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol.
As crypto.news previously reported, Wyoming moved FRNT to Chainlink after completing a security review in August. CCIP now serves as the token’s exclusive cross-chain infrastructure under a multiyear agreement.
FRNT is available across eight public blockchains, including Ethereum, Solana, Base, Avalanche, Arbitrum, Optimism, Polygon and Hedera. The commission previously used LayerZero to support transfers between those networks.
Earlier crypto.news coverage documented how Wyoming prepared FRNT for public distribution through partners including Kraken and Visa. The token later became publicly available in January after its technical mainnet deployment in 2025.
The next confirmed milestone will be the activation of Secure Mint. Wyoming has not announced a launch date, leaving the reserve-gated issuance system as a planned feature rather than a current protection.
