Chainlink and Circle partner to boost USDC’s cross-chain capabilities
Chainlink said its integration of CCTP will open up new use cases for USDC around payments and DeFi.
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 networks like Polygon , Arbitrum , Base, and OP Mainnet .
Meanwhile, major traditional institutions, including global financial messaging network Swift , South Korean gaming giant Wemade , and Hong Kong’s value exchange in its Central Bank Digital Currency (CBDC) trials, have heavily adopted the CCIP technology since last year.
Similarly, Circle’s CCTP is a permissionless on-chain platform that facilitates USDC transfers securely between blockchains via native burning and minting. This protocol is available on Ethereum, Arbitrum, Avalanche, Noble, OP Mainnet, and Base.
Sergey Nazarov, the co-founder of Chainlink, said:
“The defense-in-depth security infrastructure of CCIP, with multiple layers of decentralization, is something highly valued by developers building with USDC. It’s also exciting to see CCIP’s advanced risk management features have such a value-added role to play in how USDC can be sent in a way that complies with various key user requirements.”
Chainlink’s LINK is down 3% during the past day to $15 as of press time, according to CryptoSlate’s data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lombard and Eigenlayer partner to bring Bitcoin restaking to Ethereum

Monero’s Price Surge Sparks Market Speculation
In Brief Monero's price surged dramatically earlier this week. Experts warn about the risks of sudden price movements in crypto. Suspicious transactions are under scrutiny in the cryptocurrency market.

Tether Secures $770 Million in Gold Reserves for XAUT Cryptocurrency
In Brief Tether has announced a $770 million gold reserve for XAUT cryptocurrency. Each XAUT token is directly backed by physical gold stored in Switzerland. The company aims to enhance transparency with regular audits and improved disclosure policies.

Market Insights: FLOKI and Solana Shine Brightly in Current Crypto Trends
In Brief Inmortal predicts FLOKI is on a long-term rise with impressive gains. Solana's upcoming weeks will reveal significant market trends. Current performance shows SOL outpacing ETH in recent movements.

Trending news
MoreCrypto prices
More








