Aptos

DeFi

Foundation

USDC

Chainlink

Aptos Foundation has announced its collaboration with Chainlink’s SCALE program to bolster its layer-1 blockchain ecosystem. This partnership joins Chainlink’s Data Feeds and Cross-Chain Interoperability Protocol (CCIP) on Aptos. These tools will build decentralized applications.&nbsp; 
The SCALE program supports blockchain ecosystems and will fund Oracle service costs, to transition to user fee coverage as ecosystems mature. 
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 The <a href="https://twitter.com/Aptos?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@Aptos</a> blockchain is officially integrating Chainlink Data Feeds and CCIP, and the Aptos Foundation has joined the <a href="https://twitter.com/hashtag/ChainlinkSCALE?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#ChainlinkSCALE</a> program. How Aptos’ next wave of developer innovation will be <a href="https://twitter.com/hashtag/PoweredByChainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#PoweredByChainlink</a>: <a href="https://t.co/fbYxWXCiZA" target="_blank">https://t.co/fbYxWXCiZA</a> <a href="https://t.co/HpvUkqO1tG" target="_blank">pic.twitter.com/HpvUkqO1tG</a>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1796259993257414822?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 30, 2024</a>
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Developers on Aptos will benefit from secure, low-cost Chainlink Web3 services, for creating feature-rich dApps with cross-chain capabilities. This is set to expand the toolkit available to developers on Aptos, ensuring the creation of scalable and secure applications in EVM and non-EVM environments. However, Chainlink has <a href="https://x.com/chainlink/status/1796197387410489612" target="_blank" rel="noreferrer noopener nofollow">partnered</a> with Circle to enhance the utility of stablecoins, particularly USDC and EUROC, in the DeFi space. This is made possible through the Cross-Chain Interoperability Protocol by Chainlink to facilitate the secure transfer of USDC across different blockchains.&nbsp; 
Chainlink will promote the integration of USDC on CCIP-compatible blockchains and enhance interconnectedness within DeFi. Chainlink’s price oracles have facilitated over $1.3 trillion in USDC transactions across six blockchains, contributing to the DeFi market’s liquidity. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/26/aptos-breaks-records-for-most-daily-blockchain-transactions/" target="_blank" data-type="link" data-id="https://www.cryptotimes.io/2024/05/26/aptos-breaks-records-for-most-daily-blockchain-transactions/" rel="noreferrer noopener">Aptos Breaks Records for Most Daily Blockchain Transactions</a> 
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Aptos Foundation Partners with Chainlink’s SCALE Program

The Crypto Times

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