Arbitrum, one of the largest Ethereum Layer 2 chains, launched Chainlink Cross-Chain Interoperability Protocol (CCIP) mainnet on its Arbitrum One chai
In its announcement, Arbitrum explains how CCIP puts security first, and offers features such as the Risk Management Network, which monitors protocols for malicious activity.CCIP mainnet went live on Arbitrum on Thursday. Since then, ARB price has climbed by 2.16%, a significant increase in a 24-hour time frame. Over the past week, ARB price yielded 4.5% gains for holders.Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar , with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies.
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