Trustwallet and Thorchain Join Forces to Revolutionize Cross-Chain Swaps
Trust Wallet is now using THORChain as a swap provider — providing its 10m+ monthly users access to decentralized cross-chain swaps between BTC, BNB, ETH, BUSD and more. Source Medium.com
Thorchain is a decentralized cross-chain liquidity protocol that enables the exchange of digital assets in a trustless, secure, and transparent manner. Trustwallet is a popular mobile wallet for storing and managing cryptocurrencies. The two companies have recently announced an integration of Thorchain into Trustwallet, allowing users to access Thorchain’s services directly from their Trustwallet app.
The integration of Thorchain into Trustwallet offers several benefits to both parties. Firstly, it provides Trustwallet users with access to Thorchain’s decentralized cross-chain liquidity services, allowing them to easily and securely exchange cryptocurrencies without having to rely on centralized exchanges. This integration also enables Trustwallet to offer its users a new range of services, making it a more comprehensive platform for cryptocurrency management.
Furthermore, Thorchain also profits from the integration. It expands Thorchain's reach to a larger user base, helping to increase its adoption and further solidify its position as a leading decentralized cross-chain liquidity provider. With Trustwallet’s user-friendly interface, users who may not have been familiar with Thorchain’s services can now easily access them, making it more accessible to the general public.
In conclusion, the integration of Thorchain into Trustwallet is a positive move for both companies. Trustwallet users will now be able to access Thorchain’s services with ease, and Thorchain will benefit from the exposure to Trustwallet’s large user base. This integration will likely lead to increased adoption of Thorchain’s services and help to further drive the growth of the cryptocurrency industry as a whole.
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