PANews reported on August 13 that Solv Protocol announced that BTC and BTCB will be listed as the first batch of SolvBTC reserve assets. SolvBTC is a decentralized Bitcoin reserve system, each SolvBTC is backed by 1:1 Bitcoin assets, and transparency and security are guaranteed through the Liquidity Consensus Network (LCN). Solv Protocol also plans to expand the reserve pool to include WBTC, BTC.b, M-BTC, FBTC and decentralized options such as tBTC and dlcBTC, pending consensus and SOLV governance approval.

BTCB is a BEP20 asset managed by Binance and is pegged 1:1 with BTC.