The U.S. state of Wyoming will adopt Chainlink’s reserve verification system for its government-issued stable token, Frontier Stable Token, known as FRNT. The Wyoming Stable Token Commission plans to publish on-chain data on FRNT reserves and token supply using Chainlink’s proof-of-reserves function. The state aims to narrow disclosure intervals by combining Chainlink infrastructure with independent checks by The Network Firm. It is also reviewing Chainlink’s Secure Mint feature to limit issuance when reserves are insufficient.

Concerns have emerged that the U.S. Senate’s proposed CLARITY bill, while improving regulatory clarity, could create new risks for the financial system. The Wall Street Journal editorial board said the bill could reduce uncertainty by more clearly dividing oversight between the SEC and CFTC. It urged changes to provisions affecting stablecoin rewards and exemptions from AML and KYC obligations for parts of decentralized networks. Industry figures rejected the criticism.