Wyoming adopts Chainlink reserve certification, and FRNT stablecoins achieve transparency
2026-09-03 17:34:23
According to CoinMeta, on September 2nd, the Wyoming Stablecoin Commission approved a reserve certification Chainlink, releasing near-real-time reserve and supply data for the FRNT stablecoin. This integration combines independent reviews conducted by network companies with the Chainlink infrastructure to ensure that reserve assets and outstanding token balances meet the standards of the American Institute of Certified Public Accountants (AICPA). Wyoming has been publishing daily reserve certifications FRNT through the commission's website, and this certification adds an automated on-chain distribution layer to the independent reviews. The commission stated that this move provides users with more timely FRNT support than regular reports. FRNT is the first stablecoin issued by a U.S. public entity to publish verified reserve data on-chain, surpassing the requirements of the Genius Act.
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Source:Cryptonews
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