Re, the onchain reinsurance protocol with a total value of more than $475 million, is migrating from LayerZero to Chainlink CCIP as its exclusive cross-chain infrastructure following an internal review of bridging solutions, according to a statement Friday.
The move affects reUSD, the protocol’s yield-bearing deposit token with a market cap of over $160 million, and will determine how that asset travels through every chain it touches.
The team said it chose CCIP because of its security-focused design, including decentralized oracle networks, 16 independent validator nodes, built-in rate limit protection, and SOC 2 Type 2 compliance.
CCIP enables reUSD transfers via a lock-and-burn mechanism on the source chain and mint-and-release on the destination chain, validated via Chainlink’s decentralized infrastructure.
“Chainlink has been a foundational technology provider powering Re since its inception,” said Cliff White, Vice President of Engineering at Re. “It is an obvious choice to upgrade to Chainlink and secure reUSD’s expansion across chains.”
Re stated that its infrastructure decisions prioritize security, auditability and institutional resilience over speed of deployment, especially for cross-chain operations that pose real financial risks.
“We are excited to support Re as it upgrades to Chainlink CCIP as its exclusive cross-chain infrastructure to extend reUSD across chains. This highlights a broader industry shift as leading protocols adopt Chainlink exclusively to provide the uncompromised security needed to scale stablecoins across the multi-chain ecosystem,” said Johann Eid, Chief Business Officer at Chainlink Labs.
Three crypto projects have switched from LayerZero to Chainlink CCIP as their main cross-chain system following a $300 million DeFi bridge exploit linked to the LayerZero infrastructure, as well as conflicting claims between LayerZero Labs and KelpDAO regarding DVN and RPC security flaws.
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, has come under increasing scrutiny. ZRO, its native token, is currently trading around $1.4, down 2.5% in the past 24 hours, per CoinGecko.