$90 Million in Tokenized Metals Shifts to Chainlink Interoperability Stack
Pleasing Market has made a significant announcement regarding its cross-chain infrastructure, opting to replace LayerZero with Chainlink. This decision comes after a thorough security review, which highlighted the need for a more robust solution.
The migration is expected to have a substantial impact on Pleasing Market's operations, with approximately $90 million in tokenized precious metals value being shifted to Chainlink's interoperability stack. This change will enable safer cross-chain movement for the platform's assets and future network expansions.
Pleasing Market has chosen to utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Data Streams for its tokenized metals. CCIP will facilitate transfers of PGOLD and USDpm across various blockchain networks, including Arbitrum, Ethereum, Pharos, and others. Meanwhile, Data Streams will provide real-time pricing for tokenized precious metals, supporting trading, collateral use, and redemptions.




