Wyoming’s Frontier Stable Token, the first fiat-backed stablecoin issued by a US public entity, is reportedly moving its cross-chain infrastructure from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The shift follows a security review of the token’s interoperability stack, though no official announcements or confirmations have emerged as of August 18, 2026. The move is notable because LayerZero was no afterthought in FRNT’s original design. Wyoming’s Stable Token Commission evaluated 31 vendors through a formal request-for-proposal process before initially selecting LayerZero’s Omnichain Fungible Token (OFT) standard to power FRNT across seven blockchains. What is FRNT and why does it matter The Frontier Stable Token launched to the public on January 7, 2026, making Wyoming the first US state to issue a fully reserved, fiat-backed digital dollar. It operates under the Wyoming Stable Token Act, enacted in 2023. FRNT is issued and redeemable at $1.00, backed by 102% in USD and short-duration US Treasuries. The token’s reserve management sits with Franklin Advisers, while Fireblocks handles infrastructure and The Network Firm conducts monthly attestations to v...
Wyoming migrates Frontier Stable Token to Chainlink’s CCIP after security review
1 week ago
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