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

NewsTue, 18 Aug 2026 22:49:47 UTC2 hours ago
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 State of Wyoming abandons LayerZero for Chainlink for the infrastructure of its Frontier Stable Token (FRNT) this August 18. This decision came after a thorough technical security review.

The Wyoming Stable Token Commission confirmed the signing of a multi-year agreement with Chainlink. According to market reports, Chainlink CCIP will serve as the exclusive cross-chain infrastructure for the state-issued token, phasing out the previous implementation built on LayerZero.

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