Chainlink Boosts Cross-Chain Interoperability as Remittix Tests Crypto-to-Bank Payments App
Chainlink's CCIP 2.0 has expanded its cross-chain reach, allowing institutions to distribute tokenized assets across public and private blockchains more easily.
The update includes features such as cross-chain verification, configurable transfer speeds, and compliance functions for asset issuers.
Remittix, a fintech company, is testing its PayFi app with 1,000 users ahead of its November 24 launch. The app aims to connect supported cryptocurrencies with compatible bank accounts, making it easier for people to turn crypto into usable local money.