Alchemy Pay, the fiat-crypto payment gateway, has announced a strategic integration with Solv Protocol, a decentralized platform building a Bitcoin-native economy.
This partnership enables “fiat on-ramp support for BSC-SOLV, SolvBTC, and xSolvBTC, making it easier for users to access Solv’s financial products using local fiat payment methods.”
Solv Protocol is described as “the transformation of Bitcoin into a capital-efficient asset by offering a suite of financial tools, including liquid staking, structured products, lending, and yield strategies.”
With this integration, users can now “purchase SOLV, SolvBTC, and xSolvBTC using Visa, Mastercard, Apple Pay, Google Pay, regional mobile wallets, and local bank transfers through Alchemy Pay’s fiat-crypto payment infrastructure.”
Operating in 173 countries and supporting over 300 fiat payment channels and 50+ currencies, Alchemy Pay continues to focus on “removing barriers to Web3 adoption by making digital assets accessible.”
This integration is impactful for those “entering the Bitcoin-native DeFi space, allowing them to convert fiat into Solv ecosystem assets and participate in on-chain yield opportunities.”
The collab underscores Alchemy Pay’s commitment to “supporting emerging ecosystems and enhancing capital efficiency across the crypto space.”
As demand grows for structured BTC products and programmable financial services, this partnership “positions Solv Protocol and Alchemy Pay to hopefully be at the center of a more inclusive, yield-generating Bitcoin economy.”
As noted in the update, Solv Protocol is building a Bitcoin-native economy “by transforming BTC into a capital-efficient asset.”
Through a full-stack suite of financial services, “including lending, liquid staking, yield generation, and fund management, BTC holders earn yield and access structured BTC products.”
Backed by institutional support and an on-chain BTC reserve, Solv bridges TradFi, CeFi, and DeFi, “expanding Bitcoin’s role in programmable finance and establishing it as a leading asset in DeFi.”