The $700 million migration: Why Solv Protocol is ditching LayerZero for Chainlink
Solv Protocol has said it’s moving more than $700 million of tokenized bitcoin BTC$80,953.28 assets to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and deprecating LayerZero bridge support across Corn, Berachain, Rootstock and TAC. The migration covers SolvBTC and xSolvBTC, Solv’s wrapped bitcoin assets used across DeFi and BTCfi markets. Solv said it made the decision after...
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