Re, the onchain reinsurance protocol with more than $475 million in total value locked, is migrating from LayerZero to Chainlink CCIP as its exclusive cross-chain infrastructure following an internal review of bridging solutions, according to a Friday statement.
The switch covers reUSD, the protocol’s yield-bearing deposit token with a market cap above $160 million, and will govern how that asset travels across every chain it touches.
The team said that it selected CCIP for its security-first design, including decentralized oracle networks, 16 independent validator nodes, built-in rate-limit protections, and SOC 2 Type 2 compliance.
CCIP enables reUSD transfers through a lock-and-burn mechanism on the source chain and mint-and-release on the destination chain, validated through Chainlink’s decentralized infrastructure.
Re stated that its infrastructure decisions prioritize security, auditability, and institutional-grade resilience over speed of deployment, particularly for cross-chain operations involving real-world financial exposure.
Three crypto projects have moved from LayerZero to Chainlink CCIP as their main cross-chain system following a $300 million DeFi bridge exploit tied to LayerZero infrastructure, as well as conflicting claims between LayerZero Labs and KelpDAO regarding DVN and RPC security failures.
Before Re, KelpDAO, and Solv Protocol announced their migration from LayerZero to Chainlink CCIP.
LayerZero, which raised $120 million in a Series B round in 2025 at a valuation of roughly $3 billion, is facing increased scrutiny. ZRO, its native token, currently trades around $1.4, down 2.5% over the past 24 hours, per CoinGecko.
Source: https://cryptobriefing.com/re-drops-layerzero-goes-chainlink-ccip-ross-chain-transfers/
