Solv Protocol Integrates Utexo to Launch Native Bitcoin Yield Solutions Based on RGB and the Lightning Network
7x24h News
Solv Protocol Integrates Utexo to Launch Native Bitcoin Yield Solutions Based on RGB and the Lightning Network
According to GlobeNewswire, Solv Protocol announced a strategic integration with Utexo to launch a native Bitcoin yield solution built on the RGB protocol and the Lightning Network. This solution enables atomic swaps between native BTC and USDT—without wrapping, cross-chain bridges, or custodians. It emphasizes self-custody, privacy protection, and final settlement, aligning with Tether’s prior announcement of natively issuing USDT on an RGB-compatible Lightning Network. Additionally, Solv participated as a strategic angel investor in Utexo’s $7.5 million seed funding round, led by Tether.
Navigating Web3 tides with focused insightsTechFlow reports that on April 16, Solv Protocol announced a strategic integration with Utexo to launch a native Bitcoin yield solution built on the RGB protocol and the Lightning Network. This solution enables atomic swaps between native BTC and USDT—eliminating the need for wrapping, cross-chain bridges, or custodians. It emphasizes self-custody, privacy protection, and final settlement, aligning with Tether’s prior announcement of its plan to natively issue USDT on the RGB-compatible Lightning Network. Additionally, Solv participated as a strategic angel investor in Utexo’s $7.5 million seed funding round, led by Tether.
