Bitcoin DeFi Protocol Solv Partners With Stellar To Turn Idle USDC ‘Productive’ — Next Phase Of Stablecoin Utility?

Bitcoin (CRYPTO: BTC)-centric decentralized finance protocol Solv Foundation (SOLV) announced Friday that it is integrating with Stellar (CRYPTO: XLM), a cross-border payments network, aiming to turn its USDC (CRYPTO: USDC) liquidity into something more useful.

Turning Idle USDC ‘Productive?’

The launch would enable yield generation for the $200 million worth of USDC supply on Stellar, according to a press release shared with Benzinga.

Solv provides various Bitcoin financial services such as lending, liquid staking and earning interest, helping Bitcoin holders use their idle BTC to generate returns, similar …

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