Aave, a decentralized finance protocol, has made significant progress in the cross-chain transfer of its GHO stablecoin. The first-ever transfer of GHO from Ethereum Sepolia to the Arbitrum testnet was successfully completed, utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP). This milestone is part of a broader strategy to integrate GHO across multiple EVM blockchain networks. A proposal detailing this cross-chain strategy, known as the ARFC, has been posted on the Aave governance forum and is associated with the @GHOAave Twitter handle, indicating a push towards wide-scale interoperability for the GHO stablecoin.
.@Aave has published a governance proposal to integrate #Chainlink CCIP to enable the secure cross-chain transfer of their $GHO stablecoin 👀 “After thorough technical analysis and evaluation of technical solutions available on the market, Aave Labs suggest implementing a… https://t.co/fmGoR551Oq https://t.co/wem94IG2yn
Proposal for Cross-Chain Strategy for GHO. CCIP would bring GHO across multiple EVM networks https://t.co/stE2hUWCqQ
The ARFC proposing a strategy for integrating GHO across multiple blockchain networks is now live: https://t.co/XN6y8f5WTz
GHO Cross-Chain Strategy proposal is now up on the Aave governance forum @GHOAave https://t.co/waPF65zv1t
First ever crosschain transfer of GHO from Ethereum Sepolia to @arbitrum testnet using @chainlink CCIP happened today! Off to a good start! https://t.co/05DeD5eeVX