Tether Lands on the Liquid Network
L-BTC in circulation
NETWORK STATUS HEALTHY
Uptime This Month
Liquid is operated by a federation of members which include exchanges, trading desks, and other cryptocurrency companies. Members collectively manage the network and guide its development. For more information see Liquid Network Governance.
How it works
Bitcoin on the Liquid Network are verifiably backed 1:1 by bitcoin on the Bitcoin mainchain. Once a user has transferred bitcoin to Liquid, they can take advantage of the network’s speed and confidentiality features when making transactions. Users can also issue new assets on the network such as stablecoins and security tokens.
Global cryptocurrency exchange BTSE is a launch partner of the Liquid Network and will be issuing the first exchange token on Liquid.