Celo Integrates Chainlink CCIP to Enhance Cross-Chain Interoperability
The Celo Foundation has announced the operational integration of Chainlink CCIP on the Celo network, providing advanced cross-chain security and reliability for the ecosystem. CCIP offers various cross-chain token transfer mechanisms, including burn/mint, lock/unlock, and lock/mint processes, supporting diverse use cases and applications. Chainlink's CCIP has a proven track record in cross-chain security, achieving the highest level of security standards and facilitating over $10.5 trillion in transaction value. The integration of Chainlink CCIP into the Celo network is a significant milestone that will enhance the security, efficiency, and interoperability of blockchain transactions.
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
Paxos receives full approval from Singapore's central bank to issue stablecoins, partners with DBS Bank
Quick Take Paxos’ Singapore entity, Paxos Digital Singapore Pte. LTD., will now be allowed to offer “digital payment token services” as a major payments institution, the stablecoin issuer said. Paxos also announced on Monday that it was partnering with Singapore-based DBS Bank for cash management needs and to custody stablecoin reserves.
US Supreme Court's decision to overturn Chevron could complicate legislative efforts: TD Cowen
Quick Take The Supreme Court voted 6-3 on Friday to overturn a 40-year-old court decision that defers to federal agencies to interpret the law how they see fit. Some in the crypto industry viewed the decision as a win. TD Cowen says it could complicate legislative efforts.
