Alchemy Pay Integrates into Solv Protocol to Bridge Fiat with Bitcoin DeFi

Alchemy Pay is excited to announce its groundbreaking collaboration with Solv Protocol to transform Bitcoin-native finance. This partnership aims to support $BTC-native assets with on-ramp fiat, including BSC-SOLV, SolvBTC, and xSolvBTC. This integration represents a remarkable step in connecting traditional finance with decentralized finance (DeFi).

Sponsored

https://twitter.com/AlchemyPay/status/1951180182816972882?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener nofollow

The initiative strives to introduce high-yield Bitcoin financial products to global users. It further aims to leverage everyday local payment methods to provide users with easy access to the features. Alchemy Pay, a fiat-to-crypto payment gateway, has announced the news via its official X account. The other partner, Solv Protocol, is a platform for Bitcoin-native DeFi yield.

Alchemy Pay to Enhance its Global Reach with Solv Protocol’s Bitcoin-Native Ecosystem

Solv Protocol aims to utilize innovative tools such as liquid staking, lending strategies, and structured products to unveil its capital efficiency. In this way, the protocol strives to set its mission of making a Bitcoin-native economy of $1 trillion. Solv Protocol users in 173 countries now can leverage the robust fiat-crypto payment infrastructure of Alchem Pay. By doing this, the users can enable 300 payment channels to purchase Solv assets.

The payment solutions include Mastercard, Visa, Google Pay, Apple Pay, regional mobile wallets, and local bank transfers. For newcomers and seasoned investors, this integration serves as an entry point to participate in the financial ecosystem of Solv Protocol and its yield-generating program.

Alchemy Pay to Grow DeFi and Solidify its Position as a Fiat-Crypto Gateway

Alchemy is renowned as the world’s leading gateway for fiat-to-crypto payments. So, the platform is set to cement its reputation by meeting the growing demand for easier access to decentralized platforms and digital assets. Alchemy Pay’s synergy with Solv Protocol represents a joint mission to expand the space of Bitcoin-native DeFi, not just a technical integration.

The partnership further utilizes on-chain yield opportunities to provide democratized access. Alchemy Pay is set to provide real-world accessibility to the financial tools backed by Bitcoin. In this way, the platform strives to cement its reputation as a key enabler in financial inclusion and Web3 adoption.

With the growing appetite for structured BTC products, Alchemy Pay’s partnership with Solv Protocol is poised to empower global users. So, the collaboration integrates the groundbreaking DeFi innovation into the traditional payment convenience.