THORChain has launched version 3.2, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC), according to Decrypt. The upgrade lets users swap XMR and ZEC directly into BTC, ETH, and stablecoins without wrapped assets, a centralized exchange account, or handing over custody of their funds. The release also adds Protocol-Owned Liquidity, or POL, and a Stable Reserve feature. THORChain said the Stable Reserve allows stablecoin-to-stablecoin swaps with zero liquidity fees. In the same update, support for Solana, Base, and BNB has been restored. The rollout comes as some users have seen liquidity channels for XMR shrink after centralized exchanges delisted or restricted the token, creating a new non-custodial trading route for those affected.
THORChain has launched version 3.2, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC), according to Decrypt. With the update, users can swap XMR and ZEC directly into BTC, ETH, and stablecoins without using wrapped assets, opening an account at a centralized exchange, or giving up custody of their funds.
What changed in v3.2
The release also introduces Protocol-Owned Liquidity (POL) and Stable Reserve, while restoring support for Solana, Base, and BNB. THORChain said Stable Reserve enables stablecoin-to-stablecoin swaps with zero liquidity fees.
The upgrade is positioned as a new non-custodial trading route for users whose liquidity options have narrowed after centralized exchanges delisted or restricted XMR.
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