Chainlink Deepens Cross-Chain Presence with BOB and Space and Time

Chainlink expanded its cross-chain services through two major developments: an integration with the BOB network and a partnership with blockchain protocol Space and Time. 

BOB Network Embraces Chainlink CCIP

The BOB network has announced it will migrate its bridged version of USDC—referred to as USDC.e—to Chainlink CCIP. The goal is to streamline how assets move across blockchains and to prepare for the possibility of natively issued USDC on BOB in the future.

Chainlink’s CCIP protocol, now regarded as the standard for cross-chain communication, simplifies asset transfer mechanics by removing the friction tied to traditional bridge infrastructure. This update will help developers and liquidity providers reduce operational risk and cost, while improving security.

The legacy USDC bridge on BOB will be deprecated on June 4, beginning at 1 PM UTC. The migration process is expected to take under 24 hours. During that window, users will not be able to bridge USDC in or out of the BOB network. However, wallet balances and DeFi contracts using USDC will remain unaffected.

For users, the process is entirely seamless. No manual action is required. Any USDC withdrawals already underway will complete normally after their 7-day waiting period. The move includes updating the BOB USDC contract to allow minting via the new CCIP token pool and redirecting all bridge interfaces to CCIP.

Space and Time Adopts Chainlink CCIP and Price Feeds

Meanwhile, Chainlink Build program member Space and Time has also advanced its integration with Chainlink by upgrading its native token, SXT, into a Cross-Chain Token (CCT) format using CCIP. This change allows SXT to be natively transferred across supported chains with a focus on speed and trustless security.

In parallel, Space and Time has adopted Chainlink Price Feeds to support secure and data-rich DeFi markets around SXT. The protocol, known for its zero-knowledge data proofs, is serving as a foundation for transparent data and token infrastructure across multiple chains.

Earlier, the collaboration also included a unique incentive campaign: Chainlink Rewards. This program distributes tokens from Chainlink Build members to active Chainlink ecosystem participants. Space and Time is the first to participate, making 200 million SXT tokens (4% of total supply) available.

Half of that allocation—100 million SXT—became claimable by eligible LINK stakers on May 8, 2025, during Chainlink Rewards’ pilot phase, called “Season Genesis.” The remaining supply will be released in future campaigns, rewarding participation in Chainlink’s oracle and staking network.

Solana Gets a Boost with CCIP v1.6

Chainlink has also recently launched CCIP v1.6 on Solana, expanding cross-chain interoperability to one of the fastest-growing ecosystems in crypto. With this update, Ethereum, BNB Chain, Arbitrum, and Solana can now securely transfer both tokens and data.

Projects like Maple Finance, Shiba Inu, and Backed Finance—which collectively manage over $19 billion in tokenized assets—are now using Chainlink's CCT standard to bring their assets onto Solana. New entrants like ElizaOS, The Graph, Pepe, and Zeus Network are also adopting CCT for the first time.

Solana reporetdly reduces costs, improves system architecture, and allows greater scalability across networks. Developers benefit from seamless asset movement and a consistent user experience.

Coinbase Leverages Chainlink PoR 

In a related move that underlines growing institutional trust in Chainlink, Coinbase has integrated Chainlink’s Proof of Reserve (PoR) for its cbBTC token, a wrapped version of Bitcoin. This ensures every cbBTC token issued is backed 1:1 with actual BTC.

Through Chainlink’s decentralized oracles, anyone can verify reserve balances in real time. This increases transparency and reduces the risk of undercollateralized assets, especially critical in an industry recovering from past failures.