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Solv Partners With Stellar to Put $200 Million in USDC to Work

MarketDash Editorial Team
3 days ago
Bitcoin-focused DeFi protocol Solv Foundation is teaming up with Stellar to transform idle USDC into yield-generating assets, potentially marking a new chapter in how stablecoins function beyond simple payments.

There's a decent chunk of money just sitting around doing nothing on Stellar's network, and Solv Foundation has a plan to change that. The Bitcoin (BTC)-focused decentralized finance protocol announced Friday it's partnering with Stellar (XLM), the cross-border payments network, to turn idle USDC (USDC) into something more productive.

From Dormant to Productive

The integration aims to unlock yield generation for roughly $200 million worth of USDC currently on Stellar. Think of it as putting your cash to work instead of letting it collect dust in a drawer.

Solv specializes in Bitcoin financial services—lending, liquid staking, and interest-bearing products that help BTC holders generate returns from their holdings. It's essentially trying to make Bitcoin function more like Ethereum (ETH) or Solana (SOL), which already have robust DeFi ecosystems. The platform currently manages about $1.217 billion in total value locked, according to DeFiLlama.

The partnership will integrate Solv's BTC+ vault with Stellar. This automated vault generates yield on Bitcoin holdings, and now remittance providers, fintech companies, and everyday users on Stellar can convert their USDC payment liquidity into yield-generating positions. Instead of stablecoins just facilitating transactions, they can earn returns while waiting to be used.

Beyond Simple Transfers

"On Stellar, we're empowering users and fintechs to unlock productive capital strategies on USDC. This marks the next phase of stablecoin utility, moving from cross-border transfers to capital-efficient DeFi," said Ryan Chow, co-founder of Solv.

Stellar has built its reputation on facilitating fast, cheap cross-border transactions. The network boasts an average settlement time of 5.3 seconds and transaction fees averaging just $0.0006718. It currently hosts $223 million in stablecoin deposits, with USDC representing 94% of that total—which explains why this integration makes sense for both parties.

The collaboration reflects a broader shift in how stablecoins are being positioned. Rather than serving purely as digital dollars for payments and transfers, they're increasingly being plugged into yield-generating strategies. Whether that represents the "next phase" of stablecoin utility or just another DeFi experiment remains to be seen, but at least that USDC won't be sitting idle anymore.

Price Action

At the time of writing, BTC was trading at $92,064, up 1.27% over the previous 24 hours. Stellar's native token XLM was down 0.47% at $0.2528, while Solv Foundation's SOLV token slipped 0.49% to $0.01694.

Back to News

Solv Partners With Stellar to Put $200 Million in USDC to Work

MarketDash Editorial Team
3 days ago
Bitcoin-focused DeFi protocol Solv Foundation is teaming up with Stellar to transform idle USDC into yield-generating assets, potentially marking a new chapter in how stablecoins function beyond simple payments.

There's a decent chunk of money just sitting around doing nothing on Stellar's network, and Solv Foundation has a plan to change that. The Bitcoin (BTC)-focused decentralized finance protocol announced Friday it's partnering with Stellar (XLM), the cross-border payments network, to turn idle USDC (USDC) into something more productive.

From Dormant to Productive

The integration aims to unlock yield generation for roughly $200 million worth of USDC currently on Stellar. Think of it as putting your cash to work instead of letting it collect dust in a drawer.

Solv specializes in Bitcoin financial services—lending, liquid staking, and interest-bearing products that help BTC holders generate returns from their holdings. It's essentially trying to make Bitcoin function more like Ethereum (ETH) or Solana (SOL), which already have robust DeFi ecosystems. The platform currently manages about $1.217 billion in total value locked, according to DeFiLlama.

The partnership will integrate Solv's BTC+ vault with Stellar. This automated vault generates yield on Bitcoin holdings, and now remittance providers, fintech companies, and everyday users on Stellar can convert their USDC payment liquidity into yield-generating positions. Instead of stablecoins just facilitating transactions, they can earn returns while waiting to be used.

Beyond Simple Transfers

"On Stellar, we're empowering users and fintechs to unlock productive capital strategies on USDC. This marks the next phase of stablecoin utility, moving from cross-border transfers to capital-efficient DeFi," said Ryan Chow, co-founder of Solv.

Stellar has built its reputation on facilitating fast, cheap cross-border transactions. The network boasts an average settlement time of 5.3 seconds and transaction fees averaging just $0.0006718. It currently hosts $223 million in stablecoin deposits, with USDC representing 94% of that total—which explains why this integration makes sense for both parties.

The collaboration reflects a broader shift in how stablecoins are being positioned. Rather than serving purely as digital dollars for payments and transfers, they're increasingly being plugged into yield-generating strategies. Whether that represents the "next phase" of stablecoin utility or just another DeFi experiment remains to be seen, but at least that USDC won't be sitting idle anymore.

Price Action

At the time of writing, BTC was trading at $92,064, up 1.27% over the previous 24 hours. Stellar's native token XLM was down 0.47% at $0.2528, while Solv Foundation's SOLV token slipped 0.49% to $0.01694.