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crypto.news 2025-01-22 19:59:57

Sonic adopts Chainlink standard for cross-chain interoperability

Sonic Labs, formerly Fantom, has announced that Chainlink’s cross-chain interoperability protocol is live on the Sonic mainnet. The integration of Chainlink ( LINK ) with Sonic allows developers to leverage the features and benefits of the oracle network’s infrastructure. According to an announcement , developers can now use the technology to build and deploy decentralized applications accessible on Sonic and other blockchain networks. Along with CCIP, Sonic Labs has adopted Chainlink’s Data Streams and Data Feeds. This development follows Sonic’s participation in the Chainlink SCALE program in September 2024. “Developers in the Sonic blockchain ecosystem asked for Chainlink, and we’re thrilled that it’s now live on Sonic mainnet. Chainlink CCIP, Data Streams, and Data Feeds are critical for unlocking an array of novel cross-chain use cases and powering the next generation of high-performance DeFi apps,” said Sam Harcourt, business development lead at Sonic Labs. You might also like: Aptos integrates with Chainlink for off-chain access Key benefits of the integration include enhanced network security, programmable and cross-chain tokens, and arbitrary messaging. Chainlink’s standard has already been adopted by major financial institutions and platforms, including Fidelity International, Swift, and ANZ Bank. The protocol is also integrated with leading DeFi projects such as Lido, Aave, and GMX. Sonic’s Ethereum Virtual Machine L1 launched its mainnet in December 2024. The blockchain supports 10,000 transactions per second with sub-second finality. Earlier this month, Sonic adopted stablecoin issuer Circle’s bridged USDC ( USDC ) standard. The launch of bridged USDC on the blockchain, via the Sonic Gateway, aims to jumpstart developer activity. Additionally, a proposal for Aave v3 integration with Sonic passed a temp check stage in December. You might also like: Ramp Network introduces direct cash out for Ethereum L2s via MetaMask

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