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WBTC Wyoming stablecoin Tokens Commission completes infrastructure migration
The Wyoming stablecoin Tokens Commission has migrated its Frontier stablecoin (FRNT) from the LayerZero network to Chainlink's Cross-Chain Interoperability Protocol (CCIP). After a security review, the LayerZero version of the token will be deactivated. CCIP will serve as the only cross-chain infrastructure for the token. Both parties have signed a multi-year contract.
From Pioneer to Infrastructure Innovation
FRNT was launched in January this year. It initially covered seven blockchain networks through LayerZero's full-chain homogeneous token issuance standard, becoming the first stable coin issued by a U.S. government entity. The token has a market value of less than US$1 million. Although it is small, it is a milestone as the first stablecoin supported by a state government in the United States. Its reserves are managed by Franklin Templeton, supported by US dollars and short-term treasury bonds, and maintain a reserve ratio of 102% in accordance with the law.
The decision to change the service provider stems from a security review and has also led Wyoming to join the ranks of agreements that have gradually abandoned LayerZero in recent months.
LayerZero's widespread migration wave
The wave of migration accelerates after the largest DeFi attack in 2026. The attacker stole 116,500 rsETH pieces, worth approximately $292 million, from Kelp DAO's LayerZero-based bridge. The attack compromised off-chain infrastructure and leveraged a single point of failure verification network configured with a 1-of-1 DVN setting.
The impact has been quite significant. According to disclosures, the total scale of announced LayerZero to Chainlink migration is close to US$15 billion. Well-known institutions including Kraken, BitGo, Mantle, Solv Protocol and Re have announced similar infrastructure switches. Among them, BitGo migrated its $7.3 billion WBTC to CCIP and used it as the default infrastructure for all future issued assets, making it the largest migration to date.
Although Wyoming's migration is small, it has special weight to choose Chainlink rather than the original service provider as a government-issued token. This puts institutional and reputational pressure on LayerZero, demonstrating that even sovereignty-backed issuers are putting infrastructure security ahead of existing supplier relationships.
