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Bitlayer adopts Chainlink CCIP for cross-chain transfers between Bitlayer and Ethereum

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Credit : cryptonews.net

Vital assortment eating places

  • Bitlayer, a Bitcoin Layer 2 community, has been migrated to Chainlink CCIP as his cross-chain commonplace for transfers with Ethereum.
  • CCIP now manages protected transfers for BTR, USDC, USDT, ETH and Wsteth between Bitlayer and Ethereum.

Bitlayer, a Bitcoin Layer 2 community, has been migrated to Chainlink CCIP as his cross-chain infrastructure for transfers between Bitlayer and Ethereum.

The Chainlink Interoperability Commonplace now processes protected transfers from Bitlayer’s native token BTR, USDC, USDT, ETH and WSTeth between the 2 networks. Bitlayer is planning to make YBTC, his Bitcoin-Peget belongings, cross-chain native through CCIP as the subsequent milestone of improvement.

The acceptance of CCIP is designed to extend the liquidity for the Bitlayer ecosystem and to broaden Bitcoin -decentralized financing choices.

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