THORChain rolls out version 3.20 with native Monero-Zcash swaps and direct exchanges for Bitcoin, Ethereum and stablecoins

AI Market Summary
THORChain's v3.20 adds native cross-chain swaps connecting privacy assets (Monero, Zcash) with major chains and stablecoins, removing the need for wrapped tokens or custodial venues. This can deepen decentralized liquidity and improve on-chain capital mobility, potentially increasing usage of THORChain routes and enhancing liquidity access for assets that are often constrained on centralized exchanges.
Impact level
● Medium
Affected assets
XMR/USDT+7.45%
AI Insight · XMR/USDTAI Insight
▲ Bullish
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THORChain has launched version 3.20, adding native swaps between Monero and Zcash. The release also enables direct exchanges involving assets such as Bitcoin, Ethereum and stablecoins. The swaps are designed to work without wrapped tokens or custodial exchanges, expanding THORChain’s decentralized cross-chain liquidity network.