Wyoming replaces LayerZero with Chainlink for FRNT stablecoin after key leak
- —FRNT is the first stablecoin issued by U.S. state authorities, backed 102% by Treasuries
- —The token operates on Arbitrum, Avalanche, Base, Ethereum, Hedera, Optimism, Polygon, and Solana
- —Kraken and Lombard previously moved from LayerZero to Chainlink, transferring over $4 billion
- —LayerZero received SOC 2 Type 2 certification six days before the claims were published
Why it matters: Regulated issuers choose infrastructure based on security criteria, and Wyoming's departure strengthens Chainlink CCIP's position in the cross-chain protocol market.
Source: Journal du Coin