ApeChain to move cross-chain system from LayerZero to Chainlink

ApeCoin said November 4 that ApeChain will replace LayerZero with Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, as its canonical cross-chain infrastructure across the Yuga Labs ecosystem. The planned migration includes Bored Ape Yacht Club use cases and upgrades for APE, USDC and other key ApeChain assets to Chainlink Cross-Chain Tokens, or CCTs. The announcement describes a shift in both the infrastructure connecting blockchains and the token standard used to transfer supported assets. ApeCoin said the change is intended to make it easier for decentralized applications, communities and their assets to connect. Chainlink described CCIP as the ecosystem’s canonical cross-chain stack. The migration has been announced, but the statements did not set a deadline for completing it or for deprecating the existing LayerZero-based system. They also did not explain whether holders will need to move or swap existing balances, or whether an upgrade will occur automatically. ApeChain did not publish a final list of replacement routes for CCIP. The announcement also left open how each asset will use the CCT standard. Chainlink documentation describes several token-pool...