Last month, Chainlink connected its Cross-Chain Interoperability Protocol (CCIP) with stablecoin company Circle’s Cross-Chain Transfer Protocol (CCTP) to make it easy for users to transfer the USDC stablecoin across chains. The deal allows developers to build cross-chain applications involving Circle’s USDC, including payments and other DeFi interactions, further boosting LINK’s fundamentals.
![Whales Grab M in Chainlink’s LINK as Price Climbs 40% in a Month Whales Grab M in Chainlink’s LINK as Price Climbs 40% in a Month](https://www.coindesk.com/resizer/fyx9pR2rzG1EEmUUMfZaRfBgZRM=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/H3LXDDRIUREBRE2ND2JDXJK6Q4.jpg)