Bitlayer Launches Secure, Scalable Bitcoin DeFi with CCIP Integration

Bitlayer, a project driving Bitcoin-focused decentralized finance (DeFi), has completed its migration to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This move establishes CCIP as the canonical cross-chain infrastructure for secure asset transfers across multiple blockchains. 🧠 🤝 The integration allows Bitlayer to support cross-chain movement of assets like BTR tokens, USDC, USDT, ETH, and wstETH. The project’s next milestone is YBTC, a yield-bearing, multichain representation of Bitcoin. 🚀 📈 YBTC, built on the optimistic validation scheme of BitVM, allows users to access Bitcoin-based yield opportunities on Ethereum, Binance Smart Chain, Avalanche, and Plume via CCIP.