Lendasat Unveils Lendaswap: Non-Custodial Cross Blockchain Exchange for Bitcoin and Stablecoins
Lendasat launched Lendaswap, a non-custodial exchange using atomic swaps for instant BTC and stablecoin trades across blockchains.Summary
Lendasat, a Bitcoin-native peer-to-peer lending platform, has launched Lendaswap, an atomic swap exchange built on the Arkade protocol. This platform allows for instant, non-custodial trading between Bitcoin and stablecoins across Ethereum and EVM-compatible chains, utilizing HTLC-based atomic swaps similar to the Lightning Network. Users can swap BTC for stablecoins and vice versa without relinquishing self-custody, creating accounts, or using wrapped tokens. Lendaswap initially supports Ethereum and Polygon, with plans to expand to Base, Solana, Binance Smart Chain, Arbitrum, and Optimism. Co-founder Philipp Hoenisch stated that Lendaswap is a significant step for BitcoinFi, enabling permissionless movement between Bitcoin and stablecoins. The underlying smart contracts and frontend interface for Lendaswap are open source, and the exchange is currently live.
(Source：Bitcoin Magazine)