Picture of the author

Fama

08/20 05:02Boğa

Wyoming moves FRNT to Chainlink from LayerZero – H

# Trending Token Price Prediction Challenge #HTX 13th-Anniversary Carnival #HTX Creation Challenge — Post and Win 1,500U Wyoming moves FRNT to Chainlink from LayerZero – Here’s why Wyoming’s FRNT migration adds public-sector backing to Chainlink CCIP’s growing cross-chain network.Wyoming’s state-issued Frontier Stable Token (FRNT) is getting a major infrastructure change as the state strengthens how it moves across blockchains. As a result of an overall security review, Wyoming replaced Layer Zero Stargate with ChainLink [LINK] CCIP for the transfer of FRNT under a long-term agreement. The commission cited Layer Zero’s security practices and lack of disclosure as reasons for their decision. Source: X That decision matters because FRNT already spans eight networks, making movement between them central to its multi-chain design. Rather than reducing that reach, Wyoming is changing the system connecting those networks. AD In order to provide additional validation of transfers, LINK will require a minimum of 16 separate independent operators to validate every transfer. As such, FRNT will be able to transfer between all supported Ethereum [ETH], Solana [SOL], Base, and other blockchain networks under one unified framework. Therefore, for other public issuers, Wyoming now serves as a model of how government-backed digital assets can operate across multiple blockchains. FRNT expands CCIP’s stablecoin footprint Wyoming’s choice also places FRNT within a cross-chain network where stablecoins already account for substantial activity. According to DeFiLlama data, CCIP has processed more than $23 billion in cumulative transfers, while current daily transfer volumes hover around $29 million.Final Summary Chainlink [LINK] CCIP adds Wyoming’s FRNT, expanding regulated cross-chain adoption. CCIP tops $23 billion in transfers as institutional migrations near $15 billion
LINKUSDT
永续
----%
4Paylaş

Tüm Yorumlar0En yeniPopüler

avatar
En yeniPopüler