Weekly Ecosystem Recap

Welcome to our latest rundown of recent events across the network. A significant milestone was achieved over the past week as the THORChain frontend officially surpassed $1B in cumulative swap volume. A massive congratulations is in order for the @unstoppablebyhs team for their hard work in building and sustaining this interface.

In terms of new releases, @vultisig has officially activated Rapid Swaps. This upgrade ensures that users benefit from quicker execution times without compromising their self-custody rights. Additionally, later this month, @mocadotapp will initiate its very first merchant pilot program located in Mexico. This project will introduce a culinary hub where every single cafe and restaurant will be able to process cryptocurrency payments using Moca.

Furthermore, the developers behind @thordex_ipfs have released a live tracker for swaps. This tool allows individuals to view a live countdown and closely monitor their transactions as they navigate through the stages of confirmation, the actual swap, and final delivery. In other expansion news, @ThorWallet is making its move into the Asian market, extending access to regulatory-compliant decentralised finance for regional users.

This brings our weekly overview of the THORChain ecosystem to a close. We look forward to catching up with you all next week, Chads. Please feel free to send a direct message if we happened to overlook your project, and we will make certain to highlight it in our following recap.