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

Innovations in Cross-Chain Integration with Chainlink and Shiba Inu

user avatar

by Giorgi Kostiuk

3 months ago


Shiba Inu has integrated Chainlink’s Cross-Chain Interoperability Protocol, enabling its tokens SHIB, BONE, and LEASH to adopt the CCT standard.

Breaking Cross-Chain Barriers with Chainlink CCIP

The adoption of the Cross-Chain Token (CCT) standard marks a significant moment for Shiba Inu and other tokens like TURBO. Chainlink’s CCIP allows secure token transfers across 12 blockchains. Shiba Inu’s layer-2 scaling solution, Shibarium, has also integrated CCIP, enabling developers to create cross-chain decentralized applications (dApps) within the Shibarium ecosystem.

How the Cross-Chain Transfer Standard Works

The CCT standard employs Chainlink’s CCIP mechanism which enables two key methods for cross-chain token transfers: The Lock-and-Mint Program facilitates token transfers from Ethereum to other supported chains. The Burn-and-Mint Program extends token movement by burning tokens on the source chain and minting them on the destination chain. These mechanisms ensure security, reliability, and interoperability, setting a new benchmark for blockchain token transfers.

Empowering Developers on Shibarium

Shibarium developers now have access to an infrastructure that fosters the creation of interoperable projects. Chainlink CCIP provides tools to develop secure dApps with reliable cross-chain functionality. Additionally, Chainlink’s Data Streams supply high-frequency, low-latency market data, enhancing the ecosystem’s transparency and decentralization.

The integration of Chainlink CCIP and Data Streams opens new opportunities for the Shiba Inu ecosystem, offering reliable and secure tools for both developers and users to interact with blockchain technology.

0

Share

Other news

Stock Market Struggles and Their Impact on Ethereum Prices

Analyzing potential impacts of the stock market's weakness on Ethereum prices and key support levels.

user avatarGiorgi Kostiuk

a few seconds ago

RLUSD Empowers Ripple Payments, Expanding Global Reach

RLUSD integration into Ripple Payments accelerates cross-border transactions and strengthens market position.

user avatarGiorgi Kostiuk

a minute ago

How Russia Plans to Use Confiscated Bitcoins for State Revenue

The FSSP of Russia is developing a mechanism to convert confiscated bitcoins into state revenue, announced by Dmitry Aristov.

user avatarGiorgi Kostiuk

a minute ago

COTI: Fast and Secure Transaction Platform

COTI provides an efficient fintech platform focusing on transaction speed and security.

user avatarGiorgi Kostiuk

2 minutes ago

BYDFi 5th Anniversary: Innovation and Web3 in Focus

BYDFi celebrates its 5th anniversary: history of growth and Web3 adoption.

user avatarGiorgi Kostiuk

12 minutes ago

Ethereum Price May Drop Due to Weak Stock Market

Analyst Benjamin Cowen predicts Ethereum's price may decline owing to stock market weakness and macroeconomic factors.

user avatarGiorgi Kostiuk

12 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.