Search results for Wyoming Stable Token Commission
Crypto
Wyoming to tighten reserve verification for FRNT stable token with Chainlink integration
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.
Crypto
Institutional money fails to lift Solana price, stuck at two years ago levels
Total net assets in U.S.-listed spot Solana exchange-traded funds rose above $1 billion in early 2026, but Solana’s price has not met investor expectations. The token has fallen more than 50 percent over the past year and is trading around levels from about two years ago. Institutional developments include new stablecoins and growing tokenised assets on Solana, yet analysts point to a lack of retail participation as a key reason for limited price recovery.
Crypto
Wyoming makes state-issued FRNT stablecoin available to public
Wyoming has launched the Frontier Stable Token (FRNT), the first state government-issued stablecoin in the United States, Cointelegraph reported. Governor Mark Gordon said it is a fully reserved, fiat-backed stablecoin issued by a U.S. public agency. FRNT can be bought on Kraken and was issued on Solana. It can also be transferred to several blockchains and bought via Rain. It is backed by dollars and short-term Treasuries, with interest going to the state.