# Rhino.fi Launches Native Bitcoin Deposits for Businesses

**Published:** 2026-09-17T13:54:40.544Z  
**Topic:** Crypto Payments  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/a34aa35c-1bcd-4c42-aaed-8e892a3cf2bd

Rhino.fi now enables businesses to accept native Bitcoin payments with stablecoin settlement, bypassing the need for companies to hold BTC treasuries.

Rhino.fi has launched a native Bitcoin deposit service that allows businesses to accept BTC payments and receive settlement in stablecoins across more than 30 blockchain networks [1]. The infrastructure aims to bridge the gap between Bitcoin holders looking to spend their assets and merchants who require dollar-denominated balances without assuming price exposure [1].

| At a glance | |
|---|---|
| Supported Chains | 30+ |
| Settlement Assets | Stablecoins or wrapped Bitcoin |
| Settlement Trigger | One Bitcoin block confirmation |
| Primary Clients | ether.fi, KettlePay |

## Infrastructure for native BTC payments
The new capability integrates Bitcoin into the same deposit infrastructure Rhino.fi uses for other assets, applying standard Know Your Transaction (KYT) and Anti-Money Laundering (AML) screening to every inbound deposit [1]. By moving conversion and routing to the infrastructure layer, the service allows companies to generate a Bitcoin deposit address and receive a usable stablecoin balance in a single transaction [1].

This development addresses significant operational friction in the current market. While more than 180,000 addresses hold wrapped Bitcoin on Ethereum, only an estimated 0.46% of the total circulating Bitcoin supply is currently deployed in Bitcoin-focused decentralized finance (BTCFi) protocols [1]. This low utilization rate stands in contrast to Ethereum, where roughly 15% of the supply is active in DeFi [1]. Rhino.fi CEO Will Harborne noted that the service allows businesses to offer Bitcoin at checkout without the complexity of managing a Bitcoin treasury or liquidity [1].

## Integration in luxury and DeFi
Early adopters are utilizing the infrastructure to streamline specific payment and asset management workflows. KettlePay, a platform serving luxury goods dealers, integrated the service to allow merchants to accept native Bitcoin for high-value purchases—such as watches and cars—while receiving stablecoin settlement [1]. 

For ether.fi, the integration provides a direct path for users to convert native Bitcoin into liquidBTC [1]. According to ether.fi COO Jozef Vogel, the infrastructure allows native Bitcoin deposits to function like existing stablecoin deposits, making the asset immediately available as a borrowable instrument without requiring the team to maintain a separate technical stack [1].

## What to watch
*   **Adoption metrics:** Whether the simplified integration leads to an increase in the percentage of circulating Bitcoin supply utilized in DeFi protocols, which currently sits at 0.46% [1].
*   **Network expansion:** Rhino.fi’s ability to add additional blockchain networks beyond the current 30-chain limit as requested by business clients [1].
*   **Settlement reliability:** The performance of the "deterministic" flow, where the quoted amount matches the settled amount, as businesses scale Bitcoin acceptance for luxury goods [1].

The success of this infrastructure hinges on whether it can effectively lower the barrier for merchants who have historically avoided Bitcoin due to the volatility and technical overhead of managing native assets. Whether this move significantly shifts the volume of Bitcoin moving into stablecoin-based payment rails remains the primary question for the sector.

## Sources
1. Cullman Times — [Rhino.fi Offers Native Bitcoin Deposits With Stablecoin Settlement for...](https://pr.cullmantimes.com/article/Rhinofi-Offers-Native-Bitcoin-Deposits-With-Stablecoin-Settlement-for-Businesses/6aab7cddfb7acafcb4abc4c1)
2. Ibm — [What Is Blockchain? | IBM](https://www.ibm.com/think/topics/blockchain)

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Cite as: TrendWatcher, "Rhino.fi Launches Native Bitcoin Deposits for Businesses", https://www.trendwatcher.in/article/a34aa35c-1bcd-4c42-aaed-8e892a3cf2bd