Businesses can now accept native Bitcoin from their customers and settle into the asset their business run on.
That means a user can pay or deposit Bitcoin, while businesses can settle in USDT, USDC, EURC or another supported asset across 30+ destination chains.
What this means for businesses who need to accept or manage Bitcoin
With our new Bitcoin support, businesses can:
Accept native BTC through our Smart Deposit Address
Convert it in USDT, USDC, EURC or any other asset Rhino.fi supports, across 30+ destination chains
Turn deposited BTC into a working BTC position, such as a wrapped BTC token delivered straight into a vault, with a single Onchain Action
Run KYT and AML screening before funds settle
Settle funds directly into a spendable card balance, yield position, or vault deposit
Why this matters
Bitcoin is crypto’s largest pool of wealth, but one of the hardest assets for businesses to manage.
Native Bitcoin is different from the Bitcoin liquidity already available across EVM chains. Wrapped and derivative versions of BTC can move through smart-contract ecosystems, but native BTC itself lives only on the Bitcoin network. Accepting it means supporting Bitcoin-specific wallets and addresses, monitoring confirmations, managing network fees, and operating infrastructure that most EVM-focused businesses do not have today.
Settlement works differently too. Bitcoin has probabilistic finality, so businesses need to determine how many confirmations are required before a deposit can safely be credited. This becomes particularly important for higher-value transactions.
Volatility adds another challenge. If a customer sends BTC but the business needs to settle in USDC, USDT, EURC or another asset, changes in the BTC price between deposit and conversion can create discrepancies in the amount received. At scale, that can lead to poor customer experiences, support issues or lost margin.
Many businesses want to accept BTC because their customers hold it, but do not actually want Bitcoin exposure on their balance sheet. Without automated conversion, incoming BTC needs to be continuously sold, converted or hedged into the assets the business uses operationally.
Rhino.fi abstracts this complexity away. End users of Neobanks, merchant payments and exchanges can deposit Bitcoin directly form their wallet and Rhino.fi either:
Settle it as wrapped BTC, WBTC
Auto convert into stablecoins we support across 30+ chains
Rhino.fi converts BTC to stablecoins at the rate the users deposit is detected which reduces volatility exposure.
How to start accepting Bitcoin with Rhino.fi
Native Bitcoin deposit support is being rolled out client by client. Contact our team or your Rhino.fi account manager to enable it for your integration.
