Native BTC ↔ Tether Gold swaps now live on BOB Gateway

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BOB Gateway now offers the cheapest native BTC to stablecoin swaps

BOB Team

BOB Team

BOB Gateway now offers the cheapest native BTC to stablecoin swaps

Users can benefit from the best rates for the most popular trade in crypto.

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BOB Gateway was already the cheapest swaps engine for BTC↔wBTC. As of today, it is now also the cheapest for BTC↔stablecoin swaps - the most popular trade in crypto.

Combined with the recent launch of BTC↔tokenized gold swaps, BOB Gateway now offers some of the best prices across every major native BTC swap use case.

BTC↔stablecoins is the #1 trade in crypto

The data is unambiguous. Over the last 30 days, BTC↔stablecoin swaps accounted for $1.04B of the $1.10T total Bitcoin trading volume - 94% of all CEX swap volume. Nothing else comes close. (Source: CoinGecko API.)

Onchain, the same pattern holds, but with smaller volumes. BTC↔USDT generated $162M in volume over the same period, BTC↔USDC a further $90M. Together that is almost 50% of all onchain BTC swaps. (Source: onchain research across Near Intents, Chainflip, Garden Finance, and Thorchain.)

BOB Gateway now has the best prices for native BTC swaps

Following improvements to routing logic and solver efficiency, BOB Gateway now quotes the best prices for native BTC to USDT and USDC swaps for all the most popular trade sizes.

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BOB was already the benchmark for BTC↔wBTC pricing. The same advantage now extends to stablecoins - the use case that represents the overwhelming majority of all BTC trading activity.

Building the best swaps engine for native BTC

BOB Gateway is an intents-based swaps engine for native BTC. You specify the outcome you want - "swap my BTC for USDT on Base" - and Gateway handles the execution. Solvers lock liquidity in smart contracts on BOB, you send BTC on Bitcoin, and settlement is triggered once the transaction has been verified..

Alexei Zamyatin, co-founder of BOB, said, "BTC↔stablecoin swaps are the most important trade in crypto - and native Bitcoin holders deserve to do it onchain at the best price. Being the best destination for native BTC swaps is exactly what building the Bank of Bitcoin means."

Today's update means BOB Gateway now offers the best prices across all the main native BTC swap use cases

BTC↔USDT and BTC↔USDC - cheapest in the market as of today BTC↔wBTC - already the cheapest BTC↔tokenized gold (XAUT and PAXG) - hard money to hard money, launched last month

All swaps are non-custodial, require no ETH for gas, and complete in a single transaction across 11 major chains. And if your BTC is on Binance or Coinbase, you can swap directly using the QR swap feature - no BTC wallet required.

BOB Gateway is available via the BOB app or via the API and SDK for wallets and DeFi applications integrating native BTC flows. Dzap and Router Protocol added BOB Gateway in recent weeks, making the improved pricing immediately available to their users. Fixed-rate, zero-slippage swaps are in development and coming soon.

Swap now and see the price for yourself.

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BOB Team

BOB Team

BOB is building the Bank of Bitcoin, reimagining banking for the Bitcoin age. One platform for everything - swapping, saving, earning & borrowing - all on Bitcoin rails. The BOB team counts 30+ team members, with backgrounds from Binance, Kraken, BCG, PWC and Amazon.