THORChain Completes Its Integration of the XRP Ledger

On Thursday, the Thorchain team announced via a Medium post that it has completed its integration of the XRP Ledger, enabling native XRP swaps across any other chain supported by THORChain. Users can now swap XRP directly from their self-custody wallets to assets on Bitcoin, Ethereum, Base, BNB Chain, Avalanche, DOGE, Cosmos Hub, Litecoin, and Bitcoin Cash without wrapping, bridging, or centralized custody.

Thanks to this integration, users can swap native XRP for other supported assets directly from their wallet, like Bitcoin, Ethereum, or USDT. They can also provide liquidity to earn yield on native XRP paired with RUNE. High-frequency traders can utilize Trade Assets to arbitrage pool prices without paying native asset settlement fees.

THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. RUNE is down 4.6% today and is currently trading at $1.544.

Ripple is a privately held company that is building a payment and exchange network (RippleNet) on top of a distributed ledger database (XRP Ledger). The main goal of Ripple is to connect banks, payment providers, and digital asset exchanges, enabling faster and cost-efficient global payments. XRP is down 4.3% in the last 24 hours and now trades at $2.1014.