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22h ago

Chainlink CCIP Becomes Sole Bridge for cbBTC From Base to Monad

The integration clears a route for more than $5 billion in Bitcoin‑backed assets to reach Monad’s low‑latency DeFi ecosystem.

'Major new asset primitive' – Chainlink bridges cbBTC to Monad
Chainlink brings coinbase’s cbbtc to monad defi through ccip integration

Overview

  • Chainlink’s CCIP is live moving Coinbase’s cbBTC from Base to Monad, designated as the exclusive bridge for Coinbase Wrapped Assets.
  • Curvance and Neverland are rolling out cbBTC markets on Monad spanning lending, trading and structured products.
  • Coinbase states cbBTC is backed 1:1 by Bitcoin in custody and already circulates on Ethereum, Base, Solana and Arbitrum.
  • Monad is an EVM‑compatible layer‑1 targeting roughly 10,000 transactions per second with sub‑second finality to support high‑throughput DeFi.
  • Chainlink cites multi‑layer security for CCIP and more than $28 trillion in on‑chain value processed, while inflow volumes have not been reported.