THORChain moves Monero closer as native BTC-to-XMR swaps approach without exchange accounts or identity checks.
THORChain’s planned Monero support could create a direct route from Bitcoin to XMR.
The feature would allow native BTC-to-XMR swaps without exchange accounts, identity checks, or wrapped tokens.
Community posts say Monero integration is closer than before, although no final launch date has been confirmed.
The move could expand permissionless access to XMR and renew debate around privacy coins, traceable swaps, and decentralized liquidity networks.
THORChain Pushes Monero Closer to Launch
THORChain community members have said Monero support is closer than before. The update has brought fresh focus to BTC-to-XMR swaps.
It also places privacy coins back in the wider market debate. One post said, “Monero on THORChain is closer than it has ever been.”
The statement spread across crypto circles and drew strong reactions. However, a final launch date has not been confirmed.
The planned support would allow users to swap native Bitcoin for native XMR.
This means users would not need wrapped tokens. It would also reduce reliance on centralized trading platforms.
BTC-to-XMR Swaps Near Permissionless Access
The main point is access without approval from a central exchange. A Bitcoin holder could move into Monero through THORChain.
No exchange account would be needed for that route. The post said anyone with BTC could access XMR “natively” and “permissionlessly.”
It also said no identity check would stand in the way. This message has become central to the discussion.
However, the planned feature may draw more attention from regulators. Monero is often watched closely because of its privacy tools.
As a result, BTC-to-XMR swaps may face public debate.
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Transparency and Privacy Remain Key Issues
THORChain activity can be seen on public chains it supports. One post said, “THORChain sees everything.”
That means the swap path can be tracked before funds enter Monero. However, Monero works differently from Bitcoin.
It hides key transaction details by design. These include the sender, receiver, and amount.
The feature could increase swap activity if demand grows. More BTC-to-XMR swaps may bring higher volume to THORChain pools.
This could also raise fee income for liquidity providers. For now, the market is watching for the next update.
Native Monero support has not yet gone live. Still, THORChain’s push has moved BTC-to-XMR swaps closer to reality.
Source: https://www.livebitcoinnews.com/thorchain-pushes-monero-closer-as-btc-to-xmr-swaps-near-reality/
