All developers can now integrate CCIP across 9
blockchain mainnets in a faster, easier, and more self-serve manner
than ever before.
SAN
FRANCISCO, April 24, 2024 /PRNewswire/ -- Chainlink,
the industry-standard decentralized computing
platform, announced today that the Chainlink Cross-Chain
Interoperability Protocol (CCIP) has officially entered General
Availability (GA). Any developer can now permissionlessly use CCIP
to securely transfer onboarded tokens cross-chain, send arbitrary
messages to smart contracts on another blockchain, or
simultaneously send data and value together through CCIP's unique
support for Programmable Token Transfers. Supported blockchains
include Arbitrum, Avalanche, Base, BNB Chain,
Ethereum, Kroma, Optimism, Polygon, and WEMIX, with
many more to come in the future.
CCIP's arbitrary messaging capabilities enable developers to
create cross-chain smart contracts that can send data to and
trigger function calls on smart contracts deployed on other
blockchains while CCIP's token transfers enable both users and
smart contracts to transfer tokens cross-chain such as
ETH, USDC, LINK, and more. Additional blockchains and
tokens will continue to be onboarded.
"CCIP is now starting to become the standard for both capital
markets blockchain transactions across banks, as well as the way
that secure Web3 cross-chain value and data is moved across public
chains," said Sergey Nazarov,
co-founder of Chainlink. "The mainnet general availability of CCIP
is something that makes it even easier for developers to quickly
adopt CCIP as a secure mechanism for cross-chain connectivity."
CCIP GA is taking place at a key moment in time, made possible
by the introduction of several new in-demand features, including
Transporter—a hyper-secure bridging application, the addition of
token transfer support for USDC—one of the most widely used
stablecoins in DeFi, support for Native
ETH token transfers, an updated CCIP pricing model,
and CCIP achieving 900%+ growth in the number of cross-chain
transactions and a 4,000%+ growth in cross-chain transfer volume
processed by CCIP during Early Access in Q1 2024 compared to Q4
2023. This included multiple transactions of nearly $1M USDC, showcasing CCIP's ability to secure
large amounts of value over an extended period of time.
Notable CCIP users include Aave, Metis, and WEMADE. Aave is the
largest DeFi lending market by TVL, which announced an
integration of CCIP to enable cross-chain transfers of the
decentralized stablecoin GHO. Metis
selected CCIP as its canonical token bridge for new tokens, and
WEMADE, one of South Korea's
largest game developers, integrated CCIP on WEMIX3.0 mainnet as its
exclusive cross-chain infrastructure.
CCIP also solves the obvious need for tokenized assets to
seamlessly move across public and private blockchains, which is
critical to connecting buyers and sellers from different blockchain
ecosystems. CCIP is also part of the broader Chainlink platform
that features additional critical data and computation resources
needed to create secure and liquid tokenized real-world asset (RWA)
markets. Chainlink is the only platform that provides data,
compute, and blockchain interoperability as part of a single
offering for tokenized assets.
To learn how CCIP helps the industry overcome the historical
exploits that have plagued the cross-chain ecosystem, watch
Chainlink Co-Founder Sergey Nazarov
explain how CCIP is the only interoperability protocol with level-5
cross-chain security. You can also read the blog The Five Levels of
Cross-Chain Security for a deeper dive.
About Chainlink
Chainlink is the industry-standard decentralized
computing platform powering the verifiable web. Chainlink has
enabled over $10 trillion in
transaction value by providing financial institutions, startups,
and developers worldwide with access to real-world data, offchain
computation, and secure cross-chain interoperability across any
blockchain. Chainlink powers verifiable applications and
high-integrity markets for banking, DeFi, global
trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the
developer documentation at docs.chain.link.
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SOURCE Chainlink