Lombard

Bitcoin

Secure

LayerZero

Chainlink

<ul><li>Lombard becomes the latest protocol to drop LayerZero for Chainlink after a comprehensive security review.</li><li>Lombard will secure approximately $1 billion in Bitcoin assets on Chainlink CCIP.</li></ul>The LayerZero fallout continues with more projects dropping the protocol for Chainlink’s CCIP. The latest is Lombard, a decentralized finance protocol building on-chain Bitcoin capital, which revealed that, after a comprehensive security review, it will be migrating exclusively to the Chainlink network. This means that CCIP will replace LayerZero as the cross-chain infrastructure across Solana, Etherlink, Berachain, Corn, and TAC.<blockquote class="twitter-tweet">Following a comprehensive security review of the cross-chain infrastructure underpinning LBTC and BTC.b:– CCIP will replace LayerZero as the cross-chain infrastructure across Solana, Etherlink, Berachain, Corn, and TAC – LayerZero on Morph and Swell will be fully deprecated— Lombard (@Lombard_Finance) <a href="https://twitter.com/Lombard_Finance/status/2055326870460350635?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 15, 2026</a></blockquote>Lombard highlighted Chainlink’s security and track record as part of its reason for the migration. The protocol pointed to the 16 independent, security-reviewed node operators, ISO 27001 and SOC 2 Type 2 certifications that are trusted by SWIFT and Mastercard, and also the native rate limits that act as circuit breakers in worst-case scenarios.The protocol notes that it is also adopting the Cross-Chain Token (CCT) standard, a burn-and-mint bridging model that enables a single canonical token across chains, with full Lombard ownership over token contracts.<h2 id="strong-billions-flowing-into-chainlink-strong">Billions Flowing into Chainlink</h2>Prior to this announcement, approximately $4 billion was moving to the Chainlink ecosystem. Lombard just added approximately $1 billion in Bitcoin assets. Speaking on the decision, Jacob Phillips, co-founder of Lombard, stated:<blockquote>“We recently conducted extensive internal security reviews of all cross-chain solutions. It became clear that Chainlink CCIP provides the highest level of cross-chain security in the industry. By deprecating migrating to Chainlink CCIP to secure LBTC and BTC.b, we’re providing our users the assurances needed to drive long-term growth and the continued expansion of Lombard.”</blockquote>Chainlink has applauded the decision by Lombard, noting that it aligns with the broader DeFi shift that seeks to ensure the highest standards of security and reliability required to support institutional adoption and scale.Johann Eid, Chief Business Officer at Chainlink Labs, stated:<blockquote>“We’re proud to work with Lombard and support its migration to Chainlink CCIP. This marks an important milestone in establishing a standardized, secure cross-chain foundation for Bitcoin-backed assets to be distributed seamlessly across chains.”</blockquote>Chainlink has seen its cross-chain infrastructure gain massive attention as more protocols migrate from LayerZero. As ETHNews <a href="https://ethnews.com/after-kelpdao-debacle-700-million-solv-protocol-ditches-layerzero-for-chainlink/" rel="noopener noreferrer nofollow">reported</a>, recent cross-chain hacks observed in the industry, most notably the recent $300 million bridge hack on KelpDAO, have led to an extensive review of security measures. Chainlink’s track record and infrastructure have distinguished it in the market.Crypto exchanges are also migrating to CCIP technology. As ETHNews <a href="https://ethnews.com/kraken-migrates-to-chainlink-ccip-for-cross-chain-infrastructure/" rel="noopener noreferrer nofollow">reported</a>, Kraken confirmed that it is deprecating its existing cross-chain provider and migrating to Chainlink Cross-Chain Interoperability Protocol (CCIP).Aave has also <a href="https://x.com/aave/status/2055334443758354903" rel="noopener noreferrer nofollow">announced</a> that Aave V4 Spokes now use Chainlink SVR price feeds for eligible assets. The network says Chainlink SVR routes oracle-related MEV from liquidations back to the protocol, creating a reliable revenue stream for Aave DAO.<blockquote class="twitter-tweet">Aave V4 Spokes now use <a href="https://twitter.com/chainlink?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@chainlink</a> SVR price feeds for eligible assets.Chainlink SVR routes oracle-related MEV from liquidations back to the protocol, creating a reliable revenue stream for Aave DAO. <a href="https://t.co/h0Y1EUV5IB" rel="noopener noreferrer nofollow">pic.twitter.com/h0Y1EUV5IB</a>— Aave (@aave) <a href="https://twitter.com/aave/status/2055334443758354903?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 15, 2026</a></blockquote>At the time of writing, Chainlink’s LINK coin is exchanging for $9.82 after a 2% price rise in the last 24 hours.Onchain analyst Ali Charts recently stated that LINK is ready to break out of an ascending triangle and is expecting a move toward $12.42.The post <a href="https://ethnews.com/lombard-drops-layerzero-for-chainlink-to-secure-1b-bitcoin-assets/" rel="noopener noreferrer nofollow">Lombard Drops LayerZero for Chainlink to Secure $1B Bitcoin Assets</a> appeared first on <a href="https://ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Lombard Drops LayerZero for Chainlink to Secure $1B Bitcoin Assets

Table of Contents

ETHNews

Other articles published on May 17, 2026

Bitcoin and XRP Turned Early Buyers Into Millionaires: APEMARS With ROCKET250 Emerges as Next 100...

Magne.AI And LSP.Finance Join Forces To Foster Web3 Smartphone User Engagement In DeFi

Harvard Endowment 13F Filing Cuts IBIT, Exits ETH ETF

Binance Sees Massive Stablecoin Movement in a Day

Predictions from a 30-Year Analyst: “A Major Breakout Is on the Horizon for Bitcoin (BTC) and Dog...

Altcoin News Today: Among 7 Best Cryptos to Buy Today, APEMARS Rises With its Presale Past $468K

Join our free newsletter for daily crypto updates!