XSwap partners with Chainlink CCIP to improve its blockchain collaboration. This integration includes Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, and Polygon mainnets. This partnership leverages CCIP’s Simplified Token Transfer to securely transfer Chainlink’s native token, LINK, between blockchain networks.
Chainlink CCIP Empowers XSwap for a Secure and Streamlined Ecosystem
Chainlink’s Web3 security and stability made it the recommended interoperability option. CCIP uses the autonomous Risk Management Network to monitor and authenticate cross-chain processes for suspicious activity. Given prior sector flaws and user financial losses due to dangerous and unstable cross-chain infrastructure, this extra security layer is important.
Chainlink BUILD member @xswap_link has integrated #Chainlink CCIP across @arbitrum, @avax, @BuildOnBase, @BNBChain, @ethereum, @optimismFND, and @0xPolygon.
Explore how CCIP enables highly secure cross-chain token transfers ⬇️https://t.co/mYGexbAe4f
— Chainlink (@chainlink) December 13, 2023
XSwap boosts the onchain economy with safe, dependable, and easy cross-chain payments. The goal is to simplify EVM-based blockchain transactions and make XSwap a top cross-chain payment solution. Chainlink CCIP enables XSwap establish a durable ecosystem with high security, streamlined token transfers, seamless integration, scalability, adaptability, and programmability.
Over $8 trillion in onchain transaction value and smart contract protection from Chainlink decentralized oracle networks boost CCIP security. Transfer rate limitations, Transaction Smart Execution, and the ARM Network increase security.
Users can expand their operations and profit from token interoperability with simple and efficient CCIP token transfers. A rigorous review guaranteed token pool smart contract integrity. Rate limitations boost CCIP token transfer efficiency and security.
CCIP simplifies chain-specific integrations without custom coding. XSwap connects CCIP to a blockchain smart contract via a consistent interface, giving access to all compatible blockchains. Flexible CCIP token transfers let ecosystem partners transfer and build new capabilities.
XSwap Co-founder Arthur Enthusiastic About Chainlink CCIP Integration
CCIP’s programmable messaging allows token transfers and smart contract calls in one atomic transaction, proving its adaptability. The CCIP platform allows source and destination chain token handling techniques, expanding applications.
The future-proof design of CCIP is appealing. Chainlink CCIP makes updating and integrating new blockchains, even non-EVM ones, easy. It improves defense in depth with enhanced features and security methods. Integration with CCIP eliminates switching costs, making cross-chain capabilities easy to use.
Arthur is a co-founder of XSwap. He expressed enthusiasm about the integration. He stated that Chainlink CCIP provides unparalleled security and reliability for cross-chain asset transfers. The goal is to make XSwap the top cross-chain payment protocol, leveraging Chainlink CCIP’s superior functionality and security. This partnership highlights XSwap and Chainlink’s dedication to cross-chain compatibility and Web3 industry capabilities.
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