Hedera and Chainlink’s Partnership Boosts DeFi and Cross-Chain Innovation

With CCIP now live, Hedera can seamlessly transfer tokens and send messages. Also, initiate actions across 46+ other blockchains.

Chainlink CCIP is now live on Hedera, enabling seamless transfer of tokens, sending messages, and initiating actions across 46+ other blockchains. This integration positions Hedera to rapidly accelerate adoption in DeFi and tokenized real-world assets (RWA) ecosystems.

Hedera and Chainlink’s Partnership Boosts DeFi and Cross-Chain Innovation

Hedera’s collaboration with Chainlink unlocks incredible opportunities for developers to build the decentralized applications (dapps) of tomorrow. Last year, the HBAR Foundation joined Chainlink’s Scale program, granting access to Chainlink’s broadly used and highly reliable open-source services. This partnership paved the way for Chainlink Data Feeds, Proof of Reserve, and now CCIP on Hedera.

CCIP is a crucial addition to Hedera’s ecosystem, bringing the security and reliability needed for interoperability. It's powered by Chainlink's decentralized oracle networks, which support $75 billion in DeFi total value locked (TVL) and over $20 trillion in on-chain transactions. With CCIP, developers can integrate tokens and services from any blockchain without interruption, laying the foundation for the next generation of decentralized apps.

Key Benefits for Developers

Access to a Growing Network: CCIP's rapidly expanding network effects provide initial integration with 41+ chains. Plus, as new blockchain ecosystems are added, developers can continue to build and integrate with a future-proof standard that’s designed for expansion.

Always-On Infrastructure: Enjoy zero downtime with CCIP, which ensures reliable transactions across chains. It’s built on the same infrastructure that supports the biggest protocols in DeFi.

Cross-Chain Token (CCT) Standard: CCTs are native cross-chain tokens secured by CCIP. This standard allows token developers to integrate new or existing tokens with minimal effort, maintaining full control over their token contracts. The integration process is quick and self-serve, with CCIP's security backing every transaction.

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