Metis Is Integrating Chainlink CCIP as Its Canonical Token Bridge Infrastructure and Official Cross-Chain Solution
SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- Metis, a permissionless Ethereum layer-2 network powering the next generation of decentralized applications, and Chainlink, the industry-standard decentralized computing platform, announced today that Metis is officially integrating Chainlink CCIP—the industry standard for secure cross-chain interoperability—as its canonical token bridge infrastructure, enabling the Metis ecosystem to expand its cross-chain footprint, enhance user and developer experience, and accelerate adoption.
- By integrating CCIP as the official cross-chain protocol powering its canonical token bridge, Metis can securely interoperate with the multi-chain ecosystem, reduce cross-chain transaction times to Ethereum, and provide enhanced developer capabilities such as programmable token transfers.
- As a part of this integration, the Metis bridge interface will be upgraded to leverage Chainlink CCIP as the official cross-chain infrastructure to power the canonical Metis token bridge, with an initial focus on bridging leading stablecoins from Ethereum mainnet onto the Metis network.
- Metis selected CCIP to power its official canonical token bridge following extensive research into all cross-chain interoperability options available on the market.
- "We're excited that Metis has chosen Chainlink CCIP as its canonical token bridge infrastructure," stated Johann Eid, Chief Business Officer at Chainlink Labs.