Overview
- The Wyoming Stable Token Commission said Tuesday it has completed a technical migration of the Frontier Stable Token (FRNT) from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) under a multi-year contract and will deprecate the LayerZero implementation.
- FRNT remains active on eight public blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Base, Optimism, Polygon, and Hedera, and holders were told no action was required during the transition.
- The commission cited concerns uncovered in a detailed security review about LayerZero’s disclosure practices and operational controls and said CCIP met its institutional security standards for monitoring, risk controls, audited code, and redundant validation.
- Chainlink and the commission describe CCIP as operating with institutional controls such as SOC 2 Type II certification and redundant validation by multiple independent node operators, while Wyoming said reserve management and custody arrangements for FRNT remain unchanged.
- Wyoming framed the migration as a blueprint for other states and regulated issuers and the move follows other recent projects switching interoperability to CCIP, a trend that observers say could reshape how regulated stablecoins and institutional tokens route transfers across chains.