Chainlink and Solv collaborate on Secure Exchange Rate to enhance transparency of packaging assets
Source: PANews
Time: 2025-09-01 23:39:25
PANews September 1st news, according to official news, Solv Protocol announced a cooperation with Chainlink to launch SolvBTC's Secure Exchange Rate data on BTC on Ethereum. This data combines Chainlink reserve proof with Solv's Bitcoin financial infrastructure to verify collateral assets in real time and generate redemption exchange rates, setting new standards for the transparency of packaging assets. As a packaging asset that anchors BTC 1:1, SolvBTC will ensure that the collateral can be verified through this mechanism and improve the security of the DeFi lending market. This function will be expanded to chains such as BOB in the future to promote cross-chain asset mortgage and transparency.