The Wyoming Stable Token Commission adopted Chainlink Proof of Reserve for its Frontier Stable Token (FRNT) on Sept. 2, 2026, publishing verified reserve data on-chain and making it consumable by protocols and smart contracts.
The Network Firm will examine FRNT's reserves and circulating supply, with Chainlink publishing the data as a machine-readable feed. FRNT, pegged 1:1 to the U.S. dollar, is backed by cash and Treasury bills held by the state's custodian.
FRNT already maintains a public daily transparency dashboard. The Chainlink integration extends this to developers, allowing lending protocols to programmatically check reserve figures before accepting FRNT as collateral, or exchanges to adjust risk limits based on reported backing. The feed reflects end-of-day figures aligned with Wyoming's reporting schedule, not real-time custody data.
Wyoming also plans a "Secure Mint" integration to prevent unsupported FRNT issuance. Under this design, verified reserves must equal or exceed total FRNT supply before new tokens can be minted. If an examination verifies $100 million in backing and $100 million FRNT is already in circulation, the system blocks further minting until additional reserves are recorded.
Secure Mint aims to mitigate risks from compromised credentials, software defects, or operational errors. It would prevent further issuance from worsening an imbalance, though it cannot recover missing assets or correct an existing shortfall. Wyoming has not announced an activation date, contract address, or fallback procedures.
FRNT operates across Arbitrum, Avalanche, Base, Ethereum, Hedera, Optimism, Polygon, and Solana. On-chain queries show 95,052.25 FRNT on Ethereum and 394,400.94 FRNT on Solana. Total outstanding supply is currently under $1 million.
Wyoming positions FRNT as the first fiat-backed, fully reserved stablecoin issued by a U.S. state.
