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Ledgity Yield Unlocks Cross-Chain LDY Transfers With Chainlink CCIP

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the industry standard for cross-chain digital asset and data transfer. Leading DeFi protocols and decentralized exchanges as well as traditional financial institutions are integrating CCIP to unlock new use cases and markets for tokenized real-world assets with unique onchain utility.

This week, Ledgity Yield, a stablecoin yield protocol backed by real-world assets (RWAs), announced its CCIP integration across the Arbitrum, Base, and Ethereum mainnets. Ledgity Yield is employing CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain transfers of its RWA-backed token, LDY, via XSwap’s frontend interface, allowing users to stake LDY from different chains. 

Ledgity Yield aims to bridge the gap between DeFi and traditional finance by offering yield from RWAs underpinned by institutional-grade treasury management services. Earlier this year, Ledgity Yield joined Chainlink BUILD to accelerate the long-term adoption of institutional-grade stablecoin yield solutions through enhanced access to Chainlink’s industry-leading oracle services, such as CCIP and Proof of Reserve.

Ledgity Yield’s ultimate goal is to become the leading solution for earning yield on stablecoins using a secure and intuitive interface. With seamless cross-chain interoperability via CCIP, Ledgity Yield can unlock new liquidity and market opportunities for individuals and protocols.

“We’re excited to integrate Chainlink’s tokenized asset infrastructure to power secure cross-chain transfers and unlock liquidity of our LDY token,” said Ledgity Yield’s CEO, Pierre Yves Dittlot, in an official announcement. “We must maintain the highest security standards possible when bringing real-world assets onchain, which makes Chainlink’s battle-tested and defense-in-depth infrastructure essential for the tokenized asset economy.”

To learn more about Ledgity Yield, visit their website, X, Telegram, Discord, and GitHub.

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