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Home Crypto Technical Analysis

Chainlink announces general availability for its CCIP

J_News by J_News
April 24, 2024
in Crypto Technical Analysis, Top News
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Chainlink announces general availability for its CCIP
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  • Chainlink Cross-Chain Interoperability Protocol (CCIP) is now in general availability (GA).
  • Developer can leverage CCIP permissionlessly for cross-chain token transfers and to send messages to smart contracts.

Chainlink, the decentralised computing platform for Web3, has announced that its Cross-Chain Interoperability Protocol (CCIP) has officially launched for general availability.

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The Chainlink team said in a blog post that the official unveiling of CCIP in general availability means any developer can now integrate CCIP across all the supported blockchains.

Permissionless access also means developers can use CCIP to transfer tokens, send arbitrary messages and data to smart contracts on supported networks.

Chainlink CCIP has officially entered general availability.

Now, all developers can integrate #CCIP across all supported blockchain mainnets in a faster, easier, and more self-serve manner than ever before.https://t.co/VBQEBQViye pic.twitter.com/pgg4q2X7GW

— Chainlink (@chainlink) April 24, 2024

CCIP launches in GA after key milestones

According to Chainlink, GA currently supports interoperability with Ethereum, BNB Chain, Arbitrum, Polygon, Avalanche, Base, Optimism and WEMIX. CCIP will soon integrate more chains, the Chainlink team noted.

CCIP’s general availability launches after Chainlink hit several milestones over the last few months. This includes the launch of bridging app Transporter and addition of native ETH and USDC token transfers.

In general, CCIP supports cross-chain token transfers involving ETH, USDC and LINK.

The team also updated the protocol’s pricing model to bolster efficiency in token transfers and cross-chain messaging.

Chainlink has highlighted key CCIP integrations in the crypto and blockchain space, including by DeFi platform Aave, cross-chain protocol XSwap and Korea-based game developer WEMADE.


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