eCash on THORChain: Native Liquidity Takes Shape The message from THORChain Podcast #210 was straightforward: the eCash (XEC) chain client has been developed and technically reviewed. The next milestone is no longer about writing code but about providing the initial liquidity needed to launch a native XEC/RUNE pool. Unlike traditional exchange listings, the goal is to give XEC access to decentralized liquidity without relying on centralized exchanges, custodians, wrapped assets, or KYC. Through THORChain's native cross-chain architecture, XEC would remain XEC, preserving the principles of sovereign electronic cash. Fernando explained that xolosArmy is a community focused on expanding the eCash ecosystem through wallets, digital identity, NFTs, infrastructure, and education—not as a custodial organization, but as a grassroots initiative supporting peer-to-peer electronic cash. Technically, eCash combines the Bitcoin-style UTXO model with Avalanche pre-consensus, enabling faster confirmations while maintaining an open blockchain architecture. During the podcast, it was confirmed that the chain client has already been reviewed by StarSquid, representing a significant step toward official THORChain integration. Attention now turns to liquidity. The discussion referenced an estimated $50,000 needed to bootstrap the initial XEC/RUNE pool. This is not a guarantee of launch but an operational target that highlights the community's next challenge. Initiatives such as Teyolia 2.1-G are intended to help prepare that foundation. A recurring theme throughout the discussion was sovereignty. Rather than relying on wrapped tokens and bridge infrastructure, the vision is for native XEC liquidity across chains, reducing intermediary risk while strengthening the asset's independence. The integration is still progressing and should not be considered complete. However, the conversation has clearly evolved from "Would this be possible?" to "What remains to make it happen?"