Chainlink Connects Coinbase’s cbBTC to Monad DeFi via CCIP

What to Know

• Chainlink has enabled cbBTC to move from Base to Monad using its CCIP infrastructure.

• Over $5 billion in Bitcoin-backed liquidity can now enter the Monad DeFi ecosystem.

• Coinbase selected Chainlink CCIP as the exclusive bridge for all its wrapped assets.

Chainlink has connected Coinbase’s wrapped Bitcoin, cbBTC, to the Monad blockchain using its Cross-Chain Interoperability Protocol (CCIP). The move allows users to move cbBTC directly from Base to the Monad network and use it inside Monad’s growing DeFi ecosystem. The integration means more than $5 billion worth of cbBTC currently in circulation can now flow into Monad-based apps.

What Is Happening?

Coinbase’s wrapped Bitcoin, known as cbBTC, is a token backed 1:1 by real Bitcoin held in custody. It allows Bitcoin holders to use their BTC in decentralized finance applications on other blockchains. Now, through Chainlink CCIP, users can bridge cbBTC from Base to Monad.

Chainlink is serving as the exclusive bridging infrastructure for Coinbase wrapped assets. This decision was first announced in December 2025, when Coinbase selected Chainlink’s CCIP as the standard system for moving its wrapped tokens across blockchains.

Josh Leavitt, Senior Director of Product Management at Coinbase, said, “We chose Chainlink because they are an industry leader for cross-chain connectivity. Their infrastructure provides a reliable means to expand Coinbase Wrapped Asset offerings.”

What This Means for Monad

Monad is a high-performance blockchain built for fast financial applications. It supports up to 10,000 transactions per second with low fees and quick confirmation times. By bringing cbBTC to Monad, developers can now build Bitcoin-based products on the network. This includes:

• Bitcoin lending and borrowing markets
• Deeper spot trading liquidity
• Bitcoin-based derivatives
• Vault strategies and structured products

Applications like Curvance and Neverland have already started adopting cbBTC markets on Monad. Keone Hon, Co-Founder and GM of the Monad Foundation, said, “Through Chainlink CCIP, Monad developers can now bring Bitcoin-backed liquidity into fast applications while maintaining cross-chain security as the ecosystem scales.”

Why Chainlink CCIP Matters

Chainlink’s CCIP is designed to securely connect different blockchains. Instead of relying on simple token wrapping methods, it uses audited token pools and secure messaging systems between networks.

According to Chainlink, its infrastructure has already supported over $28 trillion in on-chain transaction value. The same oracle networks that power much of DeFi are also used to secure CCIP transfers. Johann Eid, Chief Business Officer at Chainlink Labs, said, “With Coinbase already leveraging Chainlink CCIP as the exclusive bridging infrastructure for its wrapped asset expansion, $5+ billion in cbBTC can move into Monad while maintaining the institutional-grade security required to manage billions in cross-chain flows.” This gives developers confidence that large amounts of value can move across chains safely.

Bigger Picture

The December 2025 announcement revealed that Coinbase plans to use Chainlink CCIP for all its wrapped assets, including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP. Together, these assets represent around $7 billion in value. The goal is to make it easier to expand these tokens to new networks.

Coinbase has already used Chainlink CCIP to connect Base to other ecosystems, including Solana. Financial institutions like Swift have also tested CCIP in pilot programs linking banks. After the news dropped, LINK showed signs of strength in the market. The token rose 1.7% and is now trading at $9.12, reflecting renewed buying interest.

Conclusion

The connection between Chainlink, Coinbase, and Monad marks an important step in expanding Bitcoin’s role in decentralized finance. By enabling cbBTC to move directly from Base to Monad, billions of dollars in Bitcoin-backed liquidity can now enter a fast-growing ecosystem. For now, the infrastructure is in place. The next step is seeing how builders and users take advantage of it.

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