Stader Integrates Chainlink CCIP To Unlock Secure Cross-Chain Token Transfers

Twitter icon  •  Published 9 महीने पहले on September 24, 2024  •  Hassan Maishera

On Monday, Chainlink announced via X that Stader had integrated Chainlink CCIP for secure cross-chain interoperability across the Arbitrum, Ethereum, and Optimism mainnets.

Stader Integrates Chainlink CCIP To Unlock Secure Cross-Chain Token Transfers

On Monday, Chainlink announced via X that Stader had integrated Chainlink CCIP for secure cross-chain interoperability across the Arbitrum, Ethereum, and Optimism mainnets. Stader is leveraging CCIP to facilitate cross-chain transfers on their LST platform.

Stader selected CCIP as their preferred interoperability solution because Chainlink has a proven track record of maintaining the highest standard of security and reliability in the blockchain industry. CCIP is the only interoperability solution achieving level-5 cross-chain security. 

Also, CCIP is backed by the Risk Management Network, a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. 

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 $11.42 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.