CCIP 1.5 Officially Launches on Mainnet

Chainlink has launched the CCIP v1.5 upgrade on the mainnet, enhancing its Cross-Chain Interoperability Protocol (CCIP) to support a broader range of tokens and streamline developer integration. A key feature of this upgrade is the introduction of the Cross-Chain Token (CCT) standard, which allows token developers to make their tokens natively cross-chain interoperable without requiring specific CCIP code in their smart contracts. This upgrade focuses on security, flexibility, and programmability, providing tools like the CCIP Token Manager and SDK for easier development and deployment of cross-chain applications. The update also enhances security through features like the Token Developer Attestation and improved risk management, catering to both decentralized finance (DeFi) and traditional finance (TradFi) sectors. This upgrade aims to accelerate the growth of the cross-chain economy while maintaining robust security and privacy standards.