Bitlayer Migrates to Chainlink CCIP for Cross-Chain Transfers with Ethereum
- Bitlayer, a Bitcoin layer 2 network, has chosen Chainlink CCIP as its cross-chain standard for transfers with Ethereum.
- CCIP now facilitates secure transfers for BTR, USDC, USDT, ETH, and wstETH between Bitlayer and Ethereum.
Bitlayer, a Bitcoin layer 2 network, has recently made the decision to transition to Chainlink CCIP as its preferred cross-chain infrastructure for transfers between Bitlayer and Ethereum.
With the adoption of Chainlink’s interoperability standard, secure transfers of Bitlayer’s native token BTR, as well as other assets such as USDC, USDT, ETH, and wstETH, can now be seamlessly conducted between the two networks. Bitlayer is also looking forward to enabling YBTC, its Bitcoin-pegged asset, to become cross-chain native via CCIP in the near future.
The integration of CCIP into Bitlayer’s ecosystem is expected to enhance liquidity within the network and further expand the decentralized finance capabilities of Bitcoin.