Wyoming joins $15 billion LayerZero exodus with state stablecoin move

Wyoming moves FRNT to Chainlink after security review

Wyoming moved its state-issued FRNT stablecoin from LayerZero to Chainlink CCIP after reviewing security and disclosure practices.

Wyoming joins $15 billion LayerZero exodus with state stablecoin move

Wyoming moves FRNT to Chainlink from LayerZero - Here’s why

Chainlink CCIP adds Wyoming’s FRNT as institutional migrations and cross-chain transfers expand its regulated asset footprint.

Wyoming joins LayerZero with state stablecoin move

Wyoming's state stablecoin push has become the latest project to move away from LayerZero, with the Wyoming Stable Token Commission migrating its cross-chain infrastructure to Chainlink CCIP.Read more...

Wyoming Abandons LayerZero for Chainlink as $15B Stablecoin Migration Grows

TL;DR: The Wyoming Stable Token Commission completed the migration of the Frontier Stable Token (FRNT) to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The transition adds the first asset issued by a U.S. government entity to a wave of migrations totaling nearly $15 billion away from LayerZero. The decision follows the 116,500 rsETH exploit (around $292 million) suffered by Kelp DAO four months ago on its LayerZero-based bridge. The…

Wyoming Moves State-Backed Stablecoin FRNT To Chainlink CCIP, Citing Security Review

BitcoinWorld Wyoming Moves State-Backed Stablecoin FRNT to Chainlink CCIP, Citing Security Review Wyoming has officially migrated its Solana-based state-backed stablecoin, the Frontier Stable Token (FRNT), from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The move, reported by CoinDesk, follows an extensive security review conducted by the Wyoming Stable Token Commission. Chainlink CCIP will now serve as FRNT’s exclusi…