"The partnership introduces what the companies describe as the industry's first bitcoin-native yield powered by atomic swaps between bitcoin (BTC) and Tether's USDT directly on Bitcoin's rails, eliminating wrappers, bridges and custodial dependencies."
"Solv participated as a strategic angel investor in Utexo's $7.5 million seed round, led by Tether and other investors, identifying a gap in production-ready infrastructure to support scalable, native stablecoin settlements on Bitcoin and Lightning."
Solv Protocol integrated with Utexo to create a bitcoin-native yield infrastructure utilizing the RGB protocol and Lightning Network. This partnership allows for direct atomic swaps between bitcoin and USDT, eliminating custodial risks and maintaining self-custody. The initiative aligns with Tether's plan to issue USDT on RGB-compatible rails. With over $2 billion in reserves, Solv aims to meet institutional demand as bitcoin-native stablecoins gain traction in 2026, enhancing financial flows anchored in bitcoin.
Read at news.bitcoin.com
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