River Launches Cross-Chain satUSD Stablecoin on BNB Chain with $400M TVL and 0% Interest BTC Collateral Minting

On July 17, River launched an innovative cross-chain stablecoin circulation system designed to integrate liquidity, yield generation, and user contributions across diverse blockchain ecosystems. The platform’s latest update enables SolvBTC-backed minting of satUSD on the BNB Chain, driving its total value locked (TVL) to an impressive $400 million within 24 hours. This system allows users to leverage assets such as BTC, ETH, and BNB as collateral to access liquidity at a 0% interest rate, preserving their holdings while optimizing capital efficiency through repeated transactions.

For investors prioritizing steady income, staking satUSD offers an attractive 13% annual yield, enhancing the stablecoin’s appeal as a reliable yield vehicle. Additionally, River’s ecosystem product, River4FUN, has attracted nearly 20,000 active users. This week, the platform is set to introduce a “Creator Voting” feature, empowering users to stake tokens and vote for content creators on BNB Chain, with the top 30 creators sharing a 3 million River Pts reward pool, fostering community engagement and decentralized governance.