Tether Stablecoin Launches on Blockstream’s Liquid Sidechain
A new version of the widely used but controversial stablecoin tether is launching on Blockstream's Liquid Network.
Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.
If successful, the offering could help put bitcoin sidechains back on the map as an alternative to ethereum for launching assets.
With the SEC lawsuit holding up the launch of Telegram's TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.
Liquid adds another exchange to its collection of global partners.
Crypto exchange Liquid has disclosed a wallet address where the proceeds from its July sale of Telegram's GRAM tokens are being held in escrow.