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Mountain Protocol Integrates Chainlink CCIP To Unlock Cross-Chain Transfers for USDM

Twitter icon  •  Published vor 1 Monat  •  Hassan Maishera

Chainlink announced via X on Thursday that Mountain Protocol has integrated Chainlink CCIP across the Arbitrum, Base, Ethereum, Optimism, and Polygon POS ecosystems.

Chainlink announced via X on Thursday that Mountain Protocol has integrated Chainlink CCIP across the Arbitrum, Base, Ethereum, Optimism, and Polygon POS ecosystems. Mountain Protocol’s integration of the CCIP’s token-transfer capabilities enables seamless cross-chain transfers of USDM.

Mountain chose Chainlink CCIP as its preferred interoperability solution for native bridging because it is the industry-standard protocol that facilitates the secure transfer of tokens and data across different blockchains. CCIP simplifies cross-chain operations by eliminating the need for custom-built integrations. 

The protocol also leverages Chainlink’s decentralized oracle network, ensuring that cross-chain transactions are reliable and consistent.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 1% over the past 24 hours and is trading at $11.26 at press time.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.