Blockstream moves 300 BTC into Liquid, cutting reserve shortfall to 250 BTC
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Blockstream deposited 300 BTC into the Liquid Network, reducing the sidechain's reserve shortfall to 250 BTC, according to Crypto Briefing. The move addresses a gap in Liquid's Bitcoin reserves that had raised questions about full backing of the L-BTC token, which is pegged 1:1 to Bitcoin. Restoring complete reserve coverage is critical for Liquid, a federated sidechain used for faster Bitcoin transfers and asset issuance, as trust in the peg underpins its roughly $300 million-plus in pegged value and its role in exchange and trading infrastructure. The deposit signals Blockstream's commitment to plugging the shortfall, but full restoration of the peg's 1:1 backing remains incomplete until the remaining 250 BTC gap is closed. Watch for whether Blockstream or Liquid Federation members add the remaining reserves, and for any updates on audits or attestations verifying full backing.
Muhabbit's AI wrote this summary in its own words from Crypto Briefing's report. It can get details wrong, so check the source.
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Liquid, Blockstream, BTC (BTC)
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