LI.FI Launches Intents for Cross-Chain Stablecoin Swaps and Tokenized Assets

LI.FI said its new modular execution engine is built on the Open Intents Framework, which the Ethereum Foundation describes as shared infrastructure for intent-based applications that can shorten development cycles.

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Summary

LI.FI has launched LI.FI Intents, a modular full-stack execution engine built on the Open Intents Framework. The company previously said the intent-based architecture is designed for fintechs, neobanks, wallets, and regulated financial institutions, supporting precise cross-chain stablecoin swaps such as USDC and USDT and offering a unified interface for tokenized asset issuers. According to the Ethereum Foundation, the Open Intents Framework is shared, modular infrastructure for intent-based applications. LI.FI said using the framework can reduce development time from months to days.

Terms & Concepts
  • Open Intents Framework: A shared, modular infrastructure framework for building intent-based applications, described by the Ethereum Foundation as a common base for execution systems.
  • Intent-based applications: Blockchain applications where users specify a desired outcome and the underlying system handles how the transaction is executed.
  • Tokenized assets: Assets represented on a blockchain, allowing them to be issued, transferred, and managed through blockchain-based infrastructure.