Bitlayer adopts Chainlink CCIP for cross-chain transfers between Bitlayer and Ethereum

Bitlayer, a Bitcoin layer 2 community, has migrated to Chainlink CCIP as its cross-chain infrastructure for transfers between Bitlayer and Ethereum.

The Chainlink interoperability customary now handles safe transfers of Bitlayer’s native token BTR, USDC, USDT, ETH, and wstETH between the 2 networks. Bitlayer plans to make YBTC, its Bitcoin-pegged asset, cross-chain native by way of CCIP as the following improvement milestone.

The adoption of CCIP is designed to extend liquidity for Bitlayer’s ecosystem and broaden Bitcoin decentralized finance capabilities.