Re migrates cross-chain infrastructure from LayerZero to Chainlink CCIP
Foresight News reports that the decentralized reinsurance protocol Re has migrated the cross-chain infrastructure for its deposit token reUSD from LayerZero to Chainlink CCIP, making it its sole cross-chain solution.
Re stated that the main reasons for choosing Chainlink CCIP include its default security mechanism based on a decentralized oracle network (DON), redundant verification for each bridge channel operated by 16 independent node operators, built-in native rate limiting and circuit breaker mechanism, and SOC 2 Type 2 certification.
Previously, Kelp DAO and Solv Protocol both switched to Chainlink CCIP cross-chain infrastructure following the Kelp DAO attack incident.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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