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Chainlink CCIP Integrates Circle's CCTP to Support Cross-Chain USDC Transfers

Share on X icon · Published för 2 år sedan on January 17, 2024 · Hassan Maishera

The Chainlink Cross-Chain Interoperability Protocol (CCIP) has integrated Circle's Cross-Chain Transfer Protocol (CCTP) to provide users with a secure and reliable way to transfer USDC across chains.

Chainlink CCIP Integrates Circle's CCTP to Support Cross-Chain USDC Transfers

Chainlink announced via X (formerly Twitter) on Tuesday that the Chainlink Cross-Chain Interoperability Protocol (CCIP) has integrated Circle's Cross-Chain Transfer Protocol (CCTP) to provide users with a secure and reliable way to transfer USDC across chains. 

Thanks to this latest development, developers can now start building secure cross-chain applications using Chainlink CCIP to utilize USDC across the multi-chain ecosystem. The integration of CCTP opens up new use cases with USDC, such as seamless and secure cross-chain transfers, payments and other DeFi interactions for protocols building with Chainlink CCIP, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 5% over the past 24 hours and is trading at $15.926 at press time.

 

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.