BGB Upgrade Guide: CCIP Integration and Token Migration
Morph has integrated Chainlink CCIP (Cross-Chain Interoperability Protocol) as the exclusive cross-chain standard for BGB. This upgrade transforms BGB into a native token on Morph with enhanced cross-chain capabilities and improved infrastructure for institutional adoption.
What This Means for BGB Holders
This integration brings several key improvements to BGB on Morph:
Faster Cross-Chain Transfers: Eliminate the prolonged challenge period when moving BGB between chains, enabling near-instant transfers.
Enhanced DeFi Compatibility: Native token status provides better integration with leading DeFi protocols, unlocking access to staking and yield-earning opportunities.
Multi-Chain Support: CCIP enables seamless BGB transfers across multiple blockchain networks beyond Ethereum and Morph.
Institutional-Grade Infrastructure: Standardized cross-chain framework designed for enterprise payment systems and institutional adoption.
Action Required (Based on Your Situation)
If You Hold BGB on Ethereum
No action required. Your BGB on Ethereum remains unchanged. When you bridge to Morph in the future, you will automatically receive the new CCIP-enabled BGB.
If You Hold BGB on Morph
Choose one of the following migration options:
Option 1: Swap Old BGB to New CCIP Version in Bitget Wallet (Recommended)
We recommend migrating to the new CCIP-enabled BGB to access future staking, yield protocols, and enhanced cross-chain functionality.
Bitget Wallet offers a direct token swap with no gas fees:
- Go to the BGB token page in Bitget Wallet
- Click on the BGB banner to go to the token swap page
- Select the amount of BGB (old) to swap to new BGB
- Confirm the transaction
Note: While both token versions remain valid, future protocol integrations and staking opportunities will prioritize the new CCIP version.
Option 2: Bridge Back to Ethereum
If you prefer to hold your BGB on Ethereum, you can bridge your tokens back to L1 using the official Morph bridge at bridge.morph.network.
Option 3: Bridge BGB from Ethereum to Morph
If you currently hold BGB on Ethereum and want to move it to Morph, use the official bridge at bridge.morph.network. The bridge automatically delivers the new CCIP-enabled BGB token on Morph.
If You're Staking BGB
If you are currently staking BGB, no action is required until your existing staking period ends. New staking pools for the CCIP-enabled BGB will open in the coming weeks.
Token Contract Addresses
New BGB (CCIP Version) - Recommended for All Integrations
- Contract: 0x389c08bc23a7317000a1fd76c7c5b0cb0b4640b5
- View on Morph Explorer
Legacy BGB
- Contract: 0x55d1f1879969bdbB9960d269974564C58DBc3238
- View on Morph Explorer
Strategic Context
This CCIP integration establishes the foundation for Morph's role as a settlement layer for global onchain payments. By adopting CCIP as the exclusive issuance and transfer standard for BGB, Morph provides the verifiable, standardized infrastructure required by payment providers, stablecoin issuers, and institutional partners building at scale.
The migration to native BGB, combined with the Emerald upgrade, positions BGB as the reference standard for payment-focused tokens operating across multiple chains with institutional-grade security and reliability.
Money at the speed of life.