Re drops LayerZero and goes all-in on Chainlink CCIP for cross-chain transfers
Re, the onchain reinsurance protocol with greater than $475 million in complete worth locked, is migrating from LayerZero to Chainlink CCIP as its unique cross-chain infrastructure following an inside overview of bridging options, in response to a Friday assertion.
The swap covers reUSD, the protocol’s yield-bearing deposit token with a market cap above $160 million, and can govern how that asset travels throughout each chain it touches.
The group mentioned that it chosen CCIP for its security-first design, together with decentralized oracle networks, 16 impartial validator nodes, built-in rate-limit protections, and SOC 2 Sort 2 compliance.
CCIP permits reUSD transfers by way of a lock-and-burn mechanism on the supply chain and mint-and-release on the vacation spot chain, validated by way of Chainlink’s decentralized infrastructure.
“Chainlink has been a foundational expertise supplier powering Re from the start,” Cliff White, Vice President of Engineering for Re, mentioned. “It’s an apparent option to improve to Chainlink and safe the growth of reUSD throughout chains.”
Re said that its infrastructure choices prioritize safety, auditability, and institutional-grade resilience over pace of deployment, significantly for cross-chain operations involving real-world monetary publicity.
“We’re excited to assist Re because it upgrades to Chainlink CCIP as its unique cross-chain infrastructure to broaden reUSD throughout chains. This highlights a broader business shift the place main protocols undertake Chainlink solely to supply the uncompromising safety essential to scale stablecoins throughout the multi-chain ecosystem,” Johann Eid, Chief Enterprise Officer at Chainlink Labs, said.
Three crypto tasks have moved from LayerZero to Chainlink CCIP as their primary cross-chain system following a $300 million DeFi bridge exploit tied to LayerZero infrastructure, in addition to conflicting claims between LayerZero Labs and KelpDAO relating to DVN and RPC safety failures.
Earlier than Re, KelpDAO, and Solv Protocol introduced their migration from LayerZero to Chainlink CCIP.
LayerZero, which raised $120 million in a Sequence B spherical in 2025 at a valuation of roughly $3 billion, is dealing with elevated scrutiny. ZRO, its native token, at present trades round $1.4, down 2.5% over the previous 24 hours, per CoinGecko.
