Crypto

Ledger Live Partners with THORChain for Cross-Chain Swaps

Ledger Stay has teamed up with decentralized finance protocol THORChain to supply native cross-chain swaps on its platform. This new characteristic permits customers to swap property throughout completely different blockchains, comparable to changing Bitcoin into Ether, instantly from the Ledger Stay app.

Introduced on October 21, that is the primary time Ledger has built-in a decentralized finance protocol for native swaps. THORChain permits customers to swap property throughout completely different blockchains with out the necessity for wrapped tokens, making it extra handy and safe.

Supply: X

Customers of Ledger Stay can entry this characteristic by going to the “uncover” web page throughout the app. This replace enhances the app’s means to commerce, trade, and stake cryptocurrencies instantly from Ledger’s {hardware} wallets.

Along with Ledger’s partnership, there are rumors that THORChain might quickly combine with Binance’s Web3 pockets, including additional utility to the platform. Whereas this hasn’t been confirmed, THORChain’s founder hinted at thrilling developments forward.

This partnership follows THORChain’s current collaboration with the Rujira Alliance, fashioned by the merger of initiatives Kujira, Fusion, Unstake, and Wink. The brand new alliance goals to construct a robust DeFi ecosystem that would sooner or later rival main gamers like Solana.

With these integrations, Ledger Stay is positioning itself as a extra versatile platform for crypto customers searching for safe and simple cross-chain transactions.

Additionally Learn: Venmo Partners with MoonPay for Easy Crypto Transactions

Show More

Related Articles

Leave a Reply