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Promote with Leviathan NewsCoinbase has chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge infrastructure for all Coinbase Wrapped Assets, a family of tokenized versions of major cryptocurrencies that includes cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, with a combined market capitalization of roughly $7 billion. According to a joint announcement, CCIP will be the sole mechanism used to move these wrapped assets between blockchains, allowing Coinbase to extend them to additional networks beyond their current deployments. Chainlink CCIP is described as a “battle-tested” cross-chain messaging and token transfer protocol designed to move assets and data securely across multiple blockchains. Coinbase’s decision effectively standardizes the bridging layer for its wrapped products on CCIP, building on recent collaboration where Chainlink also secures the Base–Solana bridge via a bespoke cross-chain oracle arrangement with Coinbase. For ecosystem participants, the move is intended to simplify access to Coinbase-issued wrapped assets across more chains while relying on a unified security and compliance framework, potentially increasing liquidity and interoperability for these tokens in DeFi and other on-chain applications.
AI-generated background, compiled from web sources — not editorial content.
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