• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Chainlink Unveils CCIP v1.5 Update, Enhancing Cross-Chain Tokens

user avatar

by Giorgi Kostiuk

a year ago

Chainlink officially launched the CCIP v1.5 upgrade on the mainnet. This major enhancement allows developers to interact more easily with cross-chain tokens, providing new tools for seamless integration and deployment across multiple blockchains.

Key Features of CCIP v1.5

A pivotal feature of the CCIP v1.5 upgrade is the introduction of the Cross-Chain Token (CCT) standard. This allows token developers to integrate both new and existing tokens into the Cross-Chain Interoperability Protocol without the need to include CCIP-specific code in the token contracts.

Self-Serve Deployment and Customization

With the new upgrade, developers have the opportunity to deploy pre-audited token pool contracts to convert any ERC20-compatible token into a CCT.

Expanding USDC Access

Alongside the v1.5 upgrade, CCIP is expanding its support for Circle’s Bridged USDC Standard. This is essential for addressing liquidity fragmentation in the multi-chain ecosystem.

The release of CCIP v1.5 marks a significant milestone for Chainlink in solidifying its position within the crypto space. New features and partnerships facilitate broader adoption of their technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Optimism Price Declines Ahead of Token Unlock

chest

The price of Optimism has fallen below key moving averages, currently trading at 0.26, which is an 18% decrease over the past month. Traders are cutting leverage as they prepare for a significant token unlock scheduled for December 31, 2023.

user avatarFilippo Romano

China Launches Military Drills Near Taiwan Amid Geopolitical Tensions

chest

China has initiated live-fire military exercises near Taiwan, named Justice Mission 2025, to showcase its military capabilities amidst rising geopolitical tensions.

user avatarTomas Novak

Crypto Markets Unaffected by Geopolitical Tensions from China

chest

The cryptocurrency markets have not reacted to China's military drills, indicating a focus on geopolitical issues rather than economic signals.

user avatarEmily Carter

Australia Implements New Age Verification Rules for Search Engines

chest

Australia has implemented new regulations requiring search engines to verify the age of users and filter content accordingly.

user avatarKaterina Papadopoulou

US Government Criticizes Foreign Censorship Efforts

chest

The US government has criticized foreign regulators for attempting to impose censorship on American platforms.

user avatarMaya Lundqvist

Ireland to Propose Age Verification Measures for Social Media Users

chest

Ireland is set to propose age verification measures for social media users across Europe.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.