Solv Protocol integrates Utexo, launching a native Bitcoin yield solution based on RGB and the Lightning Network

Solv Protocol announced a strategic integration with Utexo, launching a native btc-42">Bitcoin yield solution based on the RGB protocol and the Lightning Network, enabling the conversion between native BTC and USDT through atomic swaps without the need for wrapping, cross-chain bridges, or custodians.

This solution emphasizes self-custody, privacy protection, and final settlement, and aligns with Tether's previously announced plan to natively issue USDT on the RGB-compatible Lightning Network. Additionally, it was disclosed that Solv participated as a strategic angel investor in Utexo's $7.5 million seed round financing led by Tether.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.