Features News TheBitTimes.com

Chainlink integrates Circle’s CCTP into CCIP, enhancing USDC for cross-chain DeFi transactions. Developers gain tools for secure USDC transfers with CCTP’s permissionless on-chain utility. CCIP’s advanced risk management features bolster security in decentralized applications. In a groundbreaking collaboration, decentralized oracle network Chainlink has partnered with Circle to integrate Circle’s Cross-Chain Transfer Protocol (CCTP) into Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration is set to revolutionize how developers build and execute cross-chain transactions involving USDC, a stablecoin gaining prominence in decentralized finance (DeFi). Unlocking cross-chain potential with CCIP and CCTP Chainlink and Circle united to enhance the capabilities of USDC for cross -chain transactions , providing developers with powerful tools to build secure applications. With the integration of CCTP into CCIP, th...

Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain. A new feature on nonfungible token marketplace NFTrade allows collectors to purchase items on one network while paying on a separate one. The feature was created through an integration with cross- chain messaging protocol Rarimo, according to a May 23 announcement. Get ready to buy NFTs with ANY crypto on any chain Want an NFT on Ethereum, but only have AVAX on Avalanche?@NFTradeOfficial's Rarimo integration makes it the FIRST-EVER marketplace to support multi-chain payments with ERC20 tokens pic.twitter.com/8cutBCtjQa — Rarimo (@Rarimo_protocol) May 23, 2023 The cross-chain purchases with NFTrade work on Ethereum, Polygon, Avalanche and BNB Chain. For example, if users want to buy an item on Avalanche, they can pay with a currency from any of the other three networks. The protocol will automatically swap the buyer’s tokens on the sending chain for the toke...