• 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

Regulatory Focus Shifts to Niche Crypto Products as NCAA Requests Suspension of Prediction Markets

chest

The NCAA has requested the CFTC to suspend college sports prediction markets, indicating a more targeted regulatory approach.

user avatarDavid Robinson

DeepSnitch AI Presale Gains Momentum with Over $12 Million Raised

chest

The presale for DeepSnitch AI is currently at Stage 4, priced at 0.003469, having raised over $12 million.

user avatarAndrew Smith

Ethereum Network Sees Increased Activity Amid Market Stabilization

chest

Ethereum's network usage has doubled as a wave of first-time users returns, signaling a shift in market sentiment.

user avatarMaria Gutierrez

Political Challenges Affect BRICS DeDollarization Efforts

chest

Political dynamics are significantly influencing the BRICS dedollarization efforts, as leaders navigate challenges such as tariff threats and varying economic conditions among member states.

user avatarKaterina Papadopoulou

BRICS Countries Implement Local Currency Trade and Commodity-Backed Finance

chest

BRICS nations are advancing local currency trade and commodity-backed finance strategies, although reactions among member states vary.

user avatarTomas Novak

Nvidia's H200 Chip Production Halted by Chinese Customs

chest

Chinese customs officials have blocked shipments of Nvidia's H200 AI accelerator, impacting the company's access to the Chinese market.

user avatarJacob Williams

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.