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What is Blockstream's liquid network?

On January 7, Tether, the stablecoin issuer, transferred 15 million USDT from its reserves on the Ethereum blockchain to Blockstream’s Liquid network, which is a federated bitcoin sidechain. The technical feasibility of such a swap was first announced in July 2019.

Who is Blockstream?

Blockstream was founded in 2014 with a focus on building infrastructure and applications based upon the Bitcoin network.

What is Blockstream Green?

Blockstream Green is an open-source Bitcoin wallet available on iOS, Android, and desktop computers, “Blockstream Green, formerly known as Green Address, is an open-source Bitcoin wallet available on iOS, Android, and desktop computers.

What is liquid network?

The Liquid Network is a Bitcoin layer-2 solution enabling the fast, confidential settlement, and issuance of digital assets, such as stablecoins, security tokens, and other financial instruments. As a sidechain of Bitcoin, Liquid allows you to move bitcoin (BTC) between the Bitcoin mainchain and the Liquid sidechain through a verifiable 1-to-1 peg.

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