Cryptocurrency platform Waves announced that a Monero (XMR) gateway has now been added to the Waves Client. The gateway will enable Waves' users to deposit, store, trade and withdraw Monero from the Waves blockchain ecosystem, where it is held on a secure server and used to back corresponding Monero tokens on the Waves blockchain at a 1:1 ratio. These Monero tokens can be stored in a hot or cold Waves wallet, sent to other users, or traded on the built-in DEX against Bitcoin, WAVES or any other token in the Waves ecosystem.
Read more here: https://www.cryptoninjas.net/2018/06/06/monero-xmr-gateway-opens-on-waves-platform/