Chainlink (LINK), a leading decentralized oracle network, announced the successful integration of its Cross-Chain Interoperability Protocol (CCIP) with Circle’s Cross-Chain Transfer Protocol (CCTP).
According to a Jan. 16 statement, this collaboration would enable users to transfer the USD Coin (USDC) stablecoin securely and reliably across different blockchain networks.
“CCIP’s defense-in-depth infrastructure helps ensure that cross-chain USDC transfers are supported by the highest possible level of security,” Chainlink added.
Chainlink furthered that its integration of CCTP will open up new use cases for USDC around cross-chain transfers, payments, and other decentralized finance (DeFi) interactions for protocols building with Chainlink CCIP.
Chainlink’s CCIP is a pivotal solution for token transfers across diverse blockchains. Boasting a robust security infrastructure at level 5, the protocol supports major networks such as Ethereum, BNB Chain, Avalanche, and layer2 networ
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