Ronin Bridge Taps Chainlink for Cross-Chain Security

21 hours ago 11

Coinspeaker
Ronin Bridge Taps Chainlink for Cross-Chain Security

The long-awaited migration from the old Ronin Bridge to the Chainlink Cross-Chain Interoperability Protocol (CCIP) has now been completed. As detailed, all supported tokens are officially operating on the new system. Notably, this latest development will bring a new level of security and cross-chain functionality to the Ronin network.

All Tokens Moved to Chainlink CCIP

According to the Ronin update for the community, over $450 million in tokens previously held on the legacy Ronin Bridge have been successfully migrated to Chainlink’s CCIP.

According to the update, the new system now supports assets such as AXS ($2.58), USDC ($1.00), SLP, WETH ($1,790.65), WBTC ($94,038.00), PIXEL, YGG, ANIMA, and LUA. Users can also transfer tokens to and from Ronin via the updated Ronin Bridge app, which operates entirely on Chainlink’s infrastructure.

The migration was completed this month. It followed a validator vote held in October 2024, in which Chainlink was picked as the new bridge solution. Out of 13 votes, Chainlink received 10, while LayerZero received 3, and Axelar did not receive any. The result showed strong support for Chainlink over the other options.

According to the update, a new smart contract ha...



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