XSwap partners with Chainlink CCIP to improve blockchain collaboration. This integration includes the mainnets Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism and Polygon. This partnership uses CCIP’s Simplified Token Transfer to securely transfer Chainlink’s native token, LINK, between blockchain networks.
Chainlink CCIP enables 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 activities. Given previous industry failures and financial losses to users due to the dangerous and unstable cross-chain infrastructure, this extra layer of security is important.
Chainlink BUILD member @xswap_link has integrated #Chainlink CCIP into @arbitrum, @avax, @BuildOnBase, @BNBChain, @ethereum, @optimismFND, and @0xPolygon.
Learn how CCIP enables highly secure cross-chain token transfers ⬇️https://t.co/mYGexbAe4f
— Chainlink (@chainlink) December 13, 2023
XSwap stimulates the onchain economy with secure, reliable 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 to establish a sustainable ecosystem with high security, streamlined token transfers, seamless integration, scalability, adaptability and programmability.
More than $8 trillion in onchain transaction value and smart contract protection from Chainlink decentralized Oracle networks increase CCIP security. Transfer rate limitations, Transaction Smart Execution and the ARM network increase security.
Users can expand their businesses and benefit from token interoperability with simple and efficient CCIP token transfers. A rigorous assessment guaranteed the integrity of the token pool’s smart contract. Fee caps increase the efficiency and security of the CCIP token transfer.
CCIP simplifies chain-specific integrations without custom coding. XSwap connects CCIP to a smart blockchain contract through a consistent interface, providing access to all compatible blockchains. Flexible CCIP token transfers allow ecosystem partners to transfer and build new capabilities.
Co-founder of XSwap Arthur Enthusiastic about Chainlink CCIP integration
CCIP’s programmable messaging enables token transfers and smart contract calls in one atomic transaction, proving its adaptability. The CCIP platform enables token processing techniques in the source and destination chain, expanding applications.
CCIP’s future-proof design is attractive. Chainlink CCIP makes updating and integrating new blockchains, even non-EVM blockchains, easy. It profoundly improves defenses with enhanced features and security methods. Integration with CCIP eliminates switching costs, making cross-chain capabilities easy to use.
Arthur is co-founder of XSwap. He expressed his 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 best cross-chain payment protocol, leveraging the superior functionality and security of Chainlink CCIP. This collaboration highlights XSwap and Chainlink’s commitment to cross-chain compatibility and capabilities for the Web3 industry.
