CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Chainlink Becomes OlympusDAO’s Official Cross-Chain Tool

June 17, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
Chainlink Tops Ethereum in Key Development Rankings
0
SHARES
3
VIEWS
ShareShareShareShareShare
  • OlympusDAO adopts Chainlink CCIP as its canonical cross-chain bridge, starting with Solana and eyeing expansion to multiple major networks.
  • Chainlink CCIP offers OlympusDAO full control over cross-chain tokens, reducing risk and avoiding vendor lock-in for future development.

Chainlink has officially announced that OlympusDAO is adopting Chainlink CCIP as its primary cross-chain infrastructure. This step has made many people curious, especially considering how serious OlympusDAO is about establishing itself as an on-chain backup that can be accessed from various networks.

Following a successful community vote, @OlympusDAO has upgraded to Chainlink CCIP as its canonical cross-chain infrastructure to enable OHM transfers across @ethereum and @solana.https://t.co/VcKOYKXlBM

Through this integration, OHM adopts the Cross-Chain Token (CCT) standard… pic.twitter.com/TE4yfVNUQV

— Chainlink (@chainlink) June 16, 2025

Why OlympusDAO Chose Chainlink and What Comes Next

This decision was gone through a community voting process. The result? Unanimous approval. Yes, it really is unanimous. Apparently, the Olympus community has long been waiting for an infrastructure upgrade that is not only safe, but also flexible and does not bother developers.

Initially, they will build a bridge to the Solana network. But wait, this is just the beginning. They have opened up opportunities for expansion to other networks such as Ethereum, Arbitrum, Optimism, Base, and Berachain. But of course, all will still go through the governance mechanism that they implement.

Flexibility and Real-World Use Make CCIP Stand Out

When it comes to Chainlink CCIP, what makes it interesting is not only its functionality. On the other hand, this protocol has been tested in various real-world scenarios. CNF previously reported that Chainlink, JPMorgan’s Kinexys, and Ondo Finance successfully conducted the first cross-chain settlement for tokenized treasuries.

The process used real-time DvP that connects public and closed blockchains—the goal is clear, reducing settlement risks that are often the culprit in the digital financial world.

OlympusDAO seems to have read the situation quite carefully. They don’t want to get caught in an ecosystem that is too locked by vendors or third parties. CCIP provides high flexibility: they can still manage the token contract themselves, the admin can be set according to internal policies, and their cross-chain tokens can be monitored without worrying about slippage.

Furthermore, Chainlink’s Cross-Chain Token (CCT) system allows transactions to take place quickly and efficiently without sacrificing security. For users, that means a more relaxed transaction experience. For developers, this clearly makes coding less complicated.

Interestingly, Olympus is not the only one to take this path recently. On June 4, BOB (Build on Bitcoin) also officially adopted CCIP for their USDC cross-chain bridge. With that, stablecoin transfers on the BOB network are much faster and safer, especially in terms of liquidity. This is certainly not small news, especially for projects that rely on the Bitcoin ecosystem.

Moving on to June 9, it was the e-HKD+ project’s turn to touch on this realm. In the trial program, Chainlink CCIP supports a simulation of the exchange between e-HKD (Hong Kong’s digital currency) and A$DC (ANZ’s Australian dollar stablecoin), via the Visa Tokenized Asset Platform. Imagine, CBDCs and stablecoins from two countries are being tested for cross-border exchange using on-chain settlement.

If this can enter the production system, we might be able to make cross-border transfers like sending a chat—fast, cheap, and without banking hassle.

Besides that, as of the writing time, LINK is trading at about $13.54, slightly down 0.93% over the last 24 hours and corrected 6.25% over the last 7 days.


Recommended for you:


Credit: Source link

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Hexagon Utilizes NVIDIA AI to Launch AEON Humanoid for Industrial Applications

Next Post

Sygnum Bank Expands Board With Leaders From UBS, Vodafone, and Swiss Re to Drive Global Growth

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
Sygnum Bank Expands Board With Leaders From UBS, Vodafone, and Swiss Re to Drive Global Growth

Sygnum Bank Expands Board With Leaders From UBS, Vodafone, and Swiss Re to Drive Global Growth

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA Research Advances 3D Robot Perception with New AI-Based Models

Recommended Stories

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Can US-Iran new peace deal signal keep Bitcoin above $70,000?

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt

    0 shares
    Share 0 Tweet 0
  • As Litecoin (LTC) Faces a 15% Weekly Slump, Can Chainlink (LINK) and Arbitrum (ARB) Navigate the Bitcoin ETF Wave?

    0 shares
    Share 0 Tweet 0
  • SEC launches proceedings to determine fate of spot Bitcoin ETFs, invites public comment

    0 shares
    Share 0 Tweet 0
  • UNI Price Consolidates Above $7 as Uniswap Tests Mid-Range Support in Quiet Market

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.