Web3 Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Coinbase Taps Chainlink CCIP as Sole Bridge for Web3 Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Coinbase Taps Chainlink CCIP as Sole Bridge for

Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains

4 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains

By Francisco Rodrigues|Edited by Jamie Crawley
Dec 11, 2025, 3:00 p.m.
Coinbase

What to know:

  • Coinbase has tapped Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its wrapped assets, worth around $7 billion.
  • CCIP will enable users to move assets across different networks and applications, leveraging Chainlink's secure oracle networks.
  • The deal aims to improve cross-chain security and reduce risk, using CCIP's decentralized node-based design.

Coinbase has picked Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for all Coinbase Wrapped Assets, linking them to the same Chainlink oracle networks that feed price and other data to decentralized finance (DeFi) protocols, the firms announced on Thursday.

The deal covers tokens such as cbBTC, cbETH, cbDOGE, cbLTC, cbADA and cbXRP, which together hold about $7 billion in market value at the time of writing. These wrapped versions represent assets held by Coinbase and let users move exposure into other networks and applications that do not natively support those coins.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters
Sign me up

Through these wrapped assets users can, for example, leverage bitcoin BTC$89,861.93 in the form of cbBTC within the decentralized finance (DeFi) ecosystem of various networks, including Base and Solana.

Cross-chain bridges have been one of crypto’s main failure points, with several high-profile exploits in recent years. CCIP routes messages and value between chains through a decentralized set of nodes rather than a single multisig or bespoke bridge for each pair of networks, a design that aims to cut operator risk.

“We chose Chainlink because they are an industry leader for cross-chain connectivity,” said Josh Leavitt, senior director of product management at Coinbase. William Reilly, head of strategic initiatives at Chainlink, said the tie-up is meant to “accelerate the growth of Coinbase’s wrapped assets.”

The announcement comes soon after a new bridge connecting Base, Ethereum layer-2 network built by Coinbase, and the Solana blockchain went live on mainnet. That bridge is also secured by Chainlink’s CCIP.

ChainlinkCoinbaseBase

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems

The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based dapps.

What to know:

  • A new bridge connecting Base, the layer 2 incubated by Coinbase, and the Solana blockchain is now live on mainnet, enabling asset transfers between the two ecosystems.
  • The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Solana-based tokens on Base-based decentralized applications.
  • The open-source bridge on GitHub enables developers to integrate cross-chain support, marking a step toward interconnected blockchains and "always-on" capital markets, with more chains expected to be linked in the future.
Read full story
Latest Crypto News

BONK Extends Slide as Resistance Rejection Pushes Token Back Toward Support

Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital

Most Influential: The Social Media Traders

Most Influential: Sirgoo Lee

Most Influential: Shayne Coplan

Most Influential: Arthur Hayes

Top Stories

Fifth XRP Spot ETF on the Way After CBOE Approval of 21Shares Application

Crypto Trading Volumes Deteriorated Across Board Last Month as Market Slumped: JPMorgan

Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

Cardano Ecosystem Gets a Privacy Boost as Midnight’s NIGHT Goes Live

Bitcoin Pulls Back to $90K as Oracle Results Sour Market Mood: Crypto Daybook Americas

U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down

Market Opportunity
Hyperbridge Logo
Hyperbridge Price(BRIDGE)
$0.01404
$0.01404$0.01404
-4.94%
USD
Hyperbridge (BRIDGE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

The post Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion appeared on BitcoinEthereumNews.com. In brief Shares of BitMine Immersion
Share
BitcoinEthereumNews2026/02/06 04:47
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
European Blockchain Convention Drives Digital Finance Revival Amid 90% Blockchain Job Postings Decline

European Blockchain Convention Drives Digital Finance Revival Amid 90% Blockchain Job Postings Decline

The post European Blockchain Convention Drives Digital Finance Revival Amid 90% Blockchain Job Postings Decline appeared on BitcoinEthereumNews.com. This content is provided by a sponsor. PRESS RELEASE. Global leaders convene in Barcelona showcasing resilience as EU advances digital euro and fintech investment reaches €3.6bn in H1, 2025. Barcelona, Spain, September 22nd — The 11th European Blockchain Convention (EBC11) will gather global leaders in Barcelona on October 16-17 to challenge perceptions of European decline […] Source: https://news.bitcoin.com/european-blockchain-convention-drives-digital-finance-revival-amid-90-blockchain-job-postings-decline/
Share
BitcoinEthereumNews2025/09/23 07:16