Celo integrates Chainlink's CCIP interoperability protocol

On May 29, Ethereum layer-2 network Celo announced the integration of Chainlink’s CCIP protocol for cross-chain interoperability.

According to Chainlink, the total of all real-world assets accounts for a staggering $874 trillion in value. Even a small portion of that value coming to the blockchain also conducted a similar experimental test with the Depository Trust and Clearing Corporation and several banking partners, including JP Morgan and BNY Mellon, to bring real-world assets on-chain.Currently, cross-border transactions are sluggish, costly, and inefficient, with a bevy of intermediaries inserting themselves within the transaction.

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