Re switches from LayerZero to Chainlink CCIP for safer cross-chain transfers of its reUSD token.

Re, a reinsurance protocol with over $475 million locked, is moving its cross-chain operations from LayerZero to Chainlink's CCIP to enhance security. This change affects its reUSD token, valued above $160 million, ensuring safer transfers across blockchains using Chainlink's decentralized infrastructure. The decision follows recent security issues with LayerZero and reflects a broader industry trend favoring Chainlink for secure multi-chain operations. Re prioritizes security and auditability over speed, aiming for institutional-grade resilience in its cross-chain activities.