Coinbase announces the adoption of Chainlink's cross-chain interoperability standard CCIP as the sole cross-chain solution for all its wrapped assets (including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, cbXRP, totaling approximately $7 billion), making these assets easier to deploy across more blockchains. CCIP relies on audited cross-chain token pools and the Chainlink oracle network, and has been expanded to EVM, public chain L1, and Bitcoin scaling chains, and tested by institutions like Swift. (The Block)
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Coinbase announces the adoption of Chainlink's cross-chain interoperability standard CCIP as the sole cross-chain solution for all its wrapped assets (including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, cbXRP, totaling approximately $7 billion), making these assets easier to deploy across more blockchains. CCIP relies on audited cross-chain token pools and the Chainlink oracle network, and has been expanded to EVM, public chain L1, and Bitcoin scaling chains, and tested by institutions like Swift. (The Block)