Bitlayer successfully migrated to Chainlink CCIP, establishing it as the official cross-chain infrastructure to empower YBTC.

2025-09-12 02:43:54

Abstract generation in progress

PANews September 12 news, the Bitcoin infrastructure project Bitlayer, which promotes BTC DeFi, has successfully migrated to Chainlink CCIP and will use CCIP as its standard cross-chain infrastructure. CCIP now supports secure transfers between Bitlayer and Ethereum, involving Bitlayer's native token BTR, as well as USDC, USDT, ETH, and wstETH. The next milestone will be to achieve cross-chain nativeization of YBTC through CCIP, making YBTC a trustless multi-chain yield-bearing wrapped Bitcoin token. BitVM marks an important step in expanding Bitcoin's capabilities, going beyond its primary use as a digital currency. Based on the revolutionary BitVM paradigm, which expresses the Turing completeness of Bitcoin contracts through a forward verification scheme, YBTC enables Bitcoin holders to mint native representations of BTC in a trustless manner, while Chainlink CCIP will serve as a key component for the multi-chain deployment of YBTC.

BTR12.47%

LINK-0.77%

BTC-0.38%

ETH-0.82%

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