{"id":7735,"date":"2025-01-15T07:32:49","date_gmt":"2025-01-15T07:32:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7735"},"modified":"2025-01-15T07:32:49","modified_gmt":"2025-01-15T07:32:49","slug":"chainlink-launches-cross-chain-token-cct-standard-link-adds-6","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7735","title":{"rendered":"Chainlink Launches Cross-Chain Token (CCT) Standard, LINK Adds 6%"},"content":{"rendered":"<div>\n<p>On Jan. 15, the Chainlink team announced that the Cross-Chain Interoperability Protocol v1.5 upgrade was now live on mainnet for all developers.<\/p>\n<p>The upgrade empowers developers to take their tokens cross-chain \u201cin a self-serve manner\u201d and deploy Cross-Chain Tokens (CCTs) across more than twenty blockchains in minutes, it added.<\/p>\n<p>CCIP is a secure and easy-to-use protocol for transferring tokens and messages across various blockchains.<\/p>\n<h2>New Chainlink CCT Standard<\/h2>\n<p>The CCIP v1.5 introduces the Cross-Chain Token (CCT) standard, explained Chainlink. The new standard offers developers \u201cfull control and ownership, enhanced programmability, and zero-slippage transfers,\u201d it added.<\/p>\n<blockquote>\n<p>\u201cCCIP v1.5 marks a major upgrade to the CCIP developer experience, making it easier than ever to onboard new or existing tokens to the CCT standard and integrate CCIP into cross-chain applications.\u201d<\/p>\n<\/blockquote>\n<p>It stated that CCTs do not require developers to inherit any CCIP-specific code within their token\u2019s smart contract, and they can deploy pre-audited coin pool contracts to turn any ERC-20-compatible asset into a CCT.<\/p>\n<p>The upgrade also includes a CCIP Token Manager which provides a streamlined user interface for developers to launch and manage CCTs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Chainlink CCIP v1.5 upgrade is now live on mainnet for all developers.<\/p>\n<p>This release empowers devs to take their tokens cross-chain in a self-serve manner, deploy Cross-Chain Tokens (CCTs) across 20+ blockchains in minutes, &amp; much more.<\/p>\n<p>Full details \u2193 <a href=\"https:\/\/t.co\/9xzahbZVzb\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/9xzahbZVzb<\/a><\/p>\n<p>\u2014 Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1879272363319341107?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Developers can also manage CCT deployments with \u201cSmart Accounts,\u201d which will require approvals from multiple owners to authorize transactions, it added.<\/p>\n<p>CCIP will also help increase access to bridged USDC to \u201chelp prevent liquidity fragmentation and accelerate DeFi adoption across the multi-chain ecosystem,\u201d it stated.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/chainlink-unveils-mev-recapture-solution-for-defi-link-jumps-9\/\" data-wpel-link=\"internal\">Chainlink<\/a> community ambassador Zach Rynes tested out the system, reporting that he created a Cross-Chain Token called CLG in a couple of minutes and transferred it between layer-2 networks Base and Arbitrum.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Chainlink CCIP v1.5 is awesome<\/p>\n<p>I just created a Cross-Chain Token called <a href=\"https:\/\/twitter.com\/search?q=%24CLG&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$CLG<\/a> in a couple minutes and transferred it between <a href=\"https:\/\/twitter.com\/base?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@base<\/a> and <a href=\"https:\/\/twitter.com\/arbitrum?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@arbitrum<\/a><\/p>\n<p>Fully permissionless and no coding required, just used the new CCIP Token Manager to create the token and <a href=\"https:\/\/twitter.com\/transporter_io?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@transporter_io<\/a> to\u2026 <a href=\"https:\/\/t.co\/ptpLlVWd17\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/ptpLlVWd17<\/a><\/p>\n<p>\u2014 Zach Rynes | CLG (@ChainLinkGod) <a href=\"https:\/\/twitter.com\/ChainLinkGod\/status\/1879310931148062864?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In early January, Chainlink <a href=\"https:\/\/cryptopotato.com\/ripple-chainlink-stablecoin-partnership-doesnt-stop-xrp-and-link-sinking\/\" data-wpel-link=\"internal\">partnered<\/a> with Ripple to accelerate the adoption of the cross-border payments firm\u2019s stablecoin, Ripple USD (RLUSD).<\/p>\n<h2>LINK Prices Up<\/h2>\n<p>The protocol\u2019s native token, LINK, gained around 6% on the day to reach an intraday high of $20.60 during early trading in Asia on Wednesday.<\/p>\n<p>Like most altcoins, LINK has taken a beating over the past month, falling around 30% from its mid-December high of just over $30.<\/p>\n<p>According to Santiment, <a href=\"https:\/\/cryptopotato.com\/whales-flock-to-chainlink-link-amid-price-dip-with-a-44-million-purchase\/\" data-wpel-link=\"internal\">whales<\/a> have bought 1.35 million LINK over the past 24 hours, pushing its price back to resistance at $20 following a dip to $18.24 on Monday.<\/p>\n<p>The next resistance zone to overcome is around the $24 level, where LINK last tapped on Jan. 6.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/chainlink-launches-cross-chain-token-cct-standard-link-adds-6\/\" rel=\"nofollow\">Chainlink Launches Cross-Chain Token (CCT) Standard, LINK Adds 6%<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Jan. 15, the Chainlink team announced that the Cross-Chain Interoperability Protocol v1.5 upgrade was now live on mainnet for all developers. The upgrade empowers developers to take their tokens cross-chain \u201cin a self-serve manner\u201d and deploy Cross-Chain Tokens (CCTs) across more than twenty blockchains in minutes, it added. CCIP is a secure and easy-to-use [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7735","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7735"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7735\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}