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Cross-Chain Lending Goes Live via Folks Finance Using Chainlink CCIP


by Abdulkarim Abdulwahab
for CoinEdition
Folks Finance Integrates Chainlink CCIP For Cross-Chain Lending
  • Folks Finance launches cross-chain lending with Chainlink’s CCIP.
  • Users can deposit on one chain and borrow on another via a unified account.
  • The protocol becomes one of the top transaction senders on Chainlink CCIP.

Folks Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to launch a new cross-chain lending product. The integration aims to eliminate fragmented DeFi liquidity and improve user experience across networks. The protocol is now live on Avalanche, Ethereum, Base, and BNB Chain, with plans to expand to Arbitrum.

How Folks Finance Tackles DeFi Fragmentation

DeFi users have often faced hurdles moving assets between isolated blockchains with scattered liquidity and clunky interfaces. Folks Finance addresses this directly with its new Chainlink CCIP integration, allowing deposits on one chain and borrowing on another via a single unified account – eliminating complex manual bridging and multiple wallet juggling.

Related: Chainlink (LINK) Price Prediction 2025-2030: Can LINK Reach New Highs in the Coming Years?

Folks Finance CEO Bernardo Biondi confirmed the launch of the cross-chain lending feature. “We rece…

The post Cross-Chain Lending Goes Live via Folks Finance Using Chainlink CCIP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Cross-Chain Lending Goes Live via Folks Finance Using Chainlink CCIP


by Abdulkarim Abdulwahab
for CoinEdition
Folks Finance Integrates Chainlink CCIP For Cross-Chain Lending
  • Folks Finance launches cross-chain lending with Chainlink’s CCIP.
  • Users can deposit on one chain and borrow on another via a unified account.
  • The protocol becomes one of the top transaction senders on Chainlink CCIP.

Folks Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to launch a new cross-chain lending product. The integration aims to eliminate fragmented DeFi liquidity and improve user experience across networks. The protocol is now live on Avalanche, Ethereum, Base, and BNB Chain, with plans to expand to Arbitrum.

How Folks Finance Tackles DeFi Fragmentation

DeFi users have often faced hurdles moving assets between isolated blockchains with scattered liquidity and clunky interfaces. Folks Finance addresses this directly with its new Chainlink CCIP integration, allowing deposits on one chain and borrowing on another via a single unified account – eliminating complex manual bridging and multiple wallet juggling.

Related: Chainlink (LINK) Price Prediction 2025-2030: Can LINK Reach New Highs in the Coming Years?

Folks Finance CEO Bernardo Biondi confirmed the launch of the cross-chain lending feature. “We rece…

The post Cross-Chain Lending Goes Live via Folks Finance Using Chainlink CCIP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Price Fails to Stay Above $200 As 1.4 Million New Holders Retrace

Solana Price Fails to Stay Above $200 As 1.4 Million New Holders Retrace

Solana (SOL) recently attempted to break the $200 mark but failed as investor sentime...
China Busts $20 Million Bitcoin Laundering Ring Tied to TikTok-Style App

China Busts $20 Million Bitcoin Laundering Ring Tied to TikTok-Style App

Chinese authorities dismantled a Bitcoin (BTC) laundering operation involving employe...