Wyoming adopts Chainlink Proof of Reserve for state-issued FRNT stablecoin
Wyoming has adopted Chainlink Proof of Reserve to provide near-real-time onchain verification of reserves backing its state-issued FRNT stablecoin, making FRNT the first US public-sector stablecoin to publish verified reserves onchain. Multiple independent sources confirm the adoption.
Detected & updated continuously · Source: Nebula
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Sources
@Wahndo_
Chainlink Proof of Reserves verifies Wyoming's stablecoin $LINK https://t.co/rNW33XMeso
@TheBlockCo
Wyoming expands Chainlink partnership with onchain reserve verification for FRNT https://t.co/Q5oLgzklah
@Crypto_Briefing
🇺🇸NEW: Wyoming has adopted Chainlink Proof of Reserve to provide near-real-time onchain verification of reserves backing its state-issued FRNT stablecoin. https://t.co/2kBK0dbTg7
@Cointelegraph
🇺🇸 LATEST: Wyoming adopts Chainlink Proof of Reserve for its state-issued FRNT stablecoin. https://t.co/lZwr01IOfS
@solidintel_x
INTEL: Wyoming’s $FRNT stablecoin adopts ethereum:0x514910771af9ca656af840dff83e8264ecf986ca Proof of Reserve, becoming the first US public-sector stablecoin to publish verified reserves onchain https://t.co/QF2WbZpCeK
@scottmelker
JUST IN: WYOMING ADOPTS CHAINLINK $LINK PROOF OF RESERVE FOR STATE-ISSUED $FRNT “STABLE TOKEN”
@coinbureau
NEW: 🇺🇸Wyoming chooses Chainlink to secure the reserves backing FRNT, the first stablecoin issued directly by a U.S. state. Chainlink's Proof of Reserve will publish verified reserve data onchain. Wyoming has also moved FRNT’s cross-chain infrastructure from LayerZero to https://t.co/4tsfYdoeNB
@ChainlinkP
So that's 2 Chainlink integrations on one government backed stable coin. Do you see where this is going yet? Every serious stable coin will use Chainlink services. Do I understand why there needs to be hundreds and potentially thousands of stables? No. I don't. Does it