Folks Finance Adds Crosschain Support for SolvBTC

Folks Finance is excited to announce the listing of SolvBTC on xChain, a universal Bitcoin reserve token designed by Solv Protocol and enabled by Chainlink CCIP.

Users can now deposit SolvBTC, leverage it as collateral, then borrow assets across any supported blockchain — all without worrying about bridging. This integration allows Bitcoin holders to unlock the full potential of their assets by participating in DeFi without liquidity fragmentation.

With the addition of SolvBTC, Folks Finance empowers users to access a range of DeFi services, enabling smarter asset management. Now, Bitcoin doesn’t have to sit idle — users can securely lend, borrow, stake, and trade while contributing to a growing global onchain economy. To start using SolvBTC on Folks Finance, visit xapp.folks.finance.

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Folks Finance offers crosschain lending, borrowing, staking, and trading across elite blockchains. By combining traditional finance’s security and optionality with the transparency and decentralization of DeFi, Folks Finance continues to pave the way for a truly global onchain economy.

Keep an eye out for updates on xChain, incentive programs, and more by following Folks on socials: linktr.ee/FolksFinance.