IBC is the Inter-Blockchain Communication Protocol, which is a blockchain interoperability protocol that allows different blockchains to communicate. Chains that speak IBC can send any type of data to each other, allowing for feature-rich cross-chain interactions. IBC is one of the most widely adopted and high-volume interoperability protocols in the world. Over 110 chains are IBC-enabled, and the protocol processes more than $2B in asset transfers every 30 days.

For a deeper look at IBC, please refer to the IBC website.