In a recent video, Chainlink co-founder Sergey Nazarov explained why more top fintechs, neo-brokers, DeFi protocols, and financial institutions are adopting Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
As the industry-leading oracle platform, Chainlink has enabled over $28 trillion in transaction value and powers the vast majority of DeFi. More than 2,000 Chainlink Price Feeds hold over 67% of the total oracle market, securing over 83% of the value on Ethereum and nearly 100% of the value on Base.
Nazarov expects CCIP adoption will follow a similar curve. CCIP leverages the same resilient oracle architecture to transfer digital assets across 70+ blockchain networks with the highest level of cross-chain security backed by a separate Risk Management Network.
Last December, Coinbase, the leading publicly listed firm for digital assets, selected CCIP as the exclusive secure bridging solution for all Coinbase wrapped assets including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, which have an aggregate market cap of approximately $7 billion. For Nazarov, this was a particularly significant milestone.
“The recent adoption of CCIP by Coinbase is very telling, because there was an extensive diligence process and security and reliability review,” he said.
Swift, the world’s leading provider of secure financial messaging services, is also advancing CCIP-powered use cases, including a recent collaboration with BNP Paribas, Intesa Sanpaolo, and Societe Generale – FORGE that established the seamless exchange and settlement of tokenized bonds with support for payments in both fiat and digital currencies.
“What you start to see is a pattern where CCIP is the chosen technology for the same reason that other Chainlink technologies, like the data technologies, are the chosen technology – which is the security and the reliability,” Nazarov said.
Chainlink’s highly resilient oracle infrastructure has a unique ability to withstand unpredictabilities like 2025’s 15-hour AWS outage, which disrupted thousands of companies, services, and banking portals.
“It’s not just about launching a service. It’s about launching a standard and an infrastructure in a way that’s truly secure and reliable,” Nazarov said.
He emphasized how crucial it is for Chainlink’s track record to evolve into the future.
“This is really what the focus of the Chainlink community is: to create this reliable, scalable infrastructure that can power not only the hundreds of billions that it needs to power now, but the trillions that it’ll have to power in the coming years.”
Watch the full video.