🔥 The Chainlink project is asserting itself as a fundamental infrastructure for liquidity!
🚨 The CCIP protocol from Chainlink has locked approximately 7 billion dollars worth of Coinbase assets exclusively.
What does that mean‼️
🛑 Any DeFi protocol wanting Coinbase liquidity is now forced to integrate Chainlink.
The Payment Abstraction system converts all fees to LINK within the reserve.
🔊 Summary:
This is not optional adoption… but mandatory and on a large scale.
Chainlink is transitioning from an oracle to a backbone for finance on the network. 🚀
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