Hassan Maishera
On Tuesday, the Chainlink team announced via X that the Chainlink CCIP v1.5 upgrade is now live on mainnet for all developers.
This release empowers developers to take their tokens cross-chain in a self-serve manner, deploy Cross-Chain Tokens (CCTs) across 20+ blockchains in minutes, & much more.
CCIP v1.5 introduces the Cross-Chain Token (CCT) standard, which enables token developers to integrate new and existing tokens with CCIP in a self-serve manner in minutes. CCTs offer developers full control and ownership, enhanced programmability, and zero-slippage transfers.
Devs can deploy pre-audited token pool contracts to turn any ERC20-compatible token into a CCT or deploy their own custom token pool contracts for bespoke use cases. The upgrade also includes the CCIP Token Manager—a streamlined UI for developers to launch and manage CCTs, including no-code guided deployments and configuration tools.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 5% over the past 24 hours, trading at $20.58 at press time.
