Stablecoin News: Wyoming Moves FRNT Stablecoin to Chainlink’s Cross-Chain Network
Key Insights:
- Wyoming has moved FRNT from LayerZero to Chainlink CCIP, as reported in the latest stablecoin news.
- Wyoming cited security controls, certifications, node diversity, and issuer autonomy.
- LayerZero disputed a lost-key claim and detailed the Solana authority transfer.
Wyoming has fully moved its Frontier Stable Token (FRNT) from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol. The state commission now uses CCIP as FRNT’s cross-chain infrastructure. The decision follows a commission security review covering FRNT’s cross-chain operations and controls.
Following this stablecoin news, price trackers placed ZRO at $0.98, down $0.0389, or 3.82%, across 24 hours. Its market capitalization stood at $347 million. The intraday chart showed an early rise, followed by fading momentum and lower highs.
Subsequently, ZRO reversed a sharp drop but failed to recover the earlier trajectory. The token finished near the session low as selling continued into the close.
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