Decentralizing Bitcoin Reserves: tBTC Joins SolvBTC’s Bitcoin Reserve

At Solv Protocol, our mission is to push the boundaries of Bitcoin’s utility in decentralized finance (DeFi). With our Staking Abstraction Layer (SAL) and a unified liquidity framework, SolvBTC enables Bitcoin holders to participate in DeFi with security and liquidity intact.

Today, we’re thrilled to announce the addition of tBTC to SolvBTC’s innovative reserve assets — a pivotal step toward expanding Bitcoin’s role in the DeFi ecosystem.

Why tBTC?

Developed by Threshold Network, tBTC is a decentralized, permissionless bridge that securely brings Bitcoin (BTC) liquidity to Ethereum and other EVM-compatible networks. With tBTC, Bitcoin holders can mint an ERC-20 token fully backed 1:1 by BTC, enabling access to Ethereum’s DeFi ecosystem without centralized intermediaries. Already, 5,000+ tBTC have been minted, with 1,600+ holders, making it a robust, decentralized solution aligned with Solv’s mission.

Accepting tBTC as collateral in Solv Protocol expands opportunities for Bitcoin holders, allowing them to engage in staking, lending, and other DeFi strategies through SolvBTC. This addition unlocks new ways for users to maximize BTC’s utility in a rapidly evolving DeFi landscape.

How tBTC Fits Into Solv’s Innovative Reserves

Solv Protocol’s reserve framework includes Core Reserve Assets (such as BTC and BTCB) and Innovative Reserve Assets (such as WBTC, BTC.b, and now tBTC). Here’s how tBTC complements this structure:

• Decentralization: Unlike custodial wrapped BTC assets, tBTC is a non-custodial, trustless option, offering an extra layer of security for those concerned about centralization.
• Liquidity Boost: With tBTC’s growing DeFi presence, SolvBTC’s liquidity ecosystem is enhanced, creating a more interconnected, BTC-backed multi-chain DeFi network.

Leading the Charge in BTCFi

Solv Protocol is proud to be a pioneer in Bitcoin staking innovation, now among the largest issuers of Bitcoin Liquid Staking Tokens (LSTs) across multiple chains. With over 25,000 BTC in reserves (over $2.5 billion) accessible across more than ten blockchain networks — including Ethereum, Base, BNB Chain, and Arbitrum — Solv is well-positioned to shape the future of BTCFi.

“Our decision to accept tBTC as collateral signifies a major step in decentralizing Bitcoin reserves,” said Ryan Chow, Co-founder & CEO of Solv. “This innovative approach not only enhances liquidity but also sets a higher standard for Bitcoin utility in DeFi.”

Looking Ahead

Integrating tBTC as an innovative reserve asset strengthens Solv Protocol’s mission to make Bitcoin truly interoperable within DeFi. As we move forward, we’re excited to explore further advancements that bridge traditional Bitcoin with the power of DeFi, creating a future where Bitcoin is as flexible and accessible as any native DeFi asset.

Stay tuned for more updates, and welcome to the future of Bitcoin in DeFi.