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Aptos Foundation's Collaboration with Chainlink's SCALE Program (Continued)

May 31, 2024

Chainlink's partnership with Aptos Foundation signifies an integration of vital tools, including Data Feeds and CCIP, into the blockchain ecosystem. The collaborative effort is poised to empower developers on Aptos with the necessary resources to build feature-rich decentralized applications with cross-chain capabilities. Through the SCALE program, funding for Oracle service costs will be provided to ensure a seamless transition to user fee coverage, aligning with the maturation of blockchain ecosystems. This integration will significantly expand the toolkit available to developers on Aptos, enabling the development of secure and scalable applications in both EVM and non-EVM environments. Concurrently, Chainlink's collaboration with Circle aims to enhance the functionality of stablecoins, such as USDC and EUROC, within the DeFi landscape. The Cross-Chain Interoperability Protocol by Chainlink facilitates the secure cross-chain transfer of USDC, enhancing interoperability among different blockchains. By promoting the integration of USDC on CCIP-compatible blockchains, Chainlink contributes to the interconnectedness of the DeFi ecosystem, with its price oracles facilitating substantial USDC transactions across multiple blockchains.

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