The cryptocurrency industry’s predominant stablecoin, tether, now has a new home on Blockstream’s Liquid sidechain. As of today, July 29, 2019, the Bitcoin secondary network now supports USDT as one of its Liquid assets. These assets, the tokens that power the Liquid network, hold a one-to-one parity with on-chain assets like BTC. Liquid USDT will now join L-BTC as the second asset to be available on the network. Launched in 2018, Blockstream’s Liquid sidechain has been billed as a federated secondary network for quick and cheap high-value transfers of bitcoin, especially from exchange to exchange. To peg their on-chain BTC to L-BTC, users can facilitate a swap through one of the network’s Liquid members, who host the nodes that keep the network alive and mint new Liquid assets. 2019 has been a year of growth for Blockstream’s project. Back in May, it unveiled its Liquid Securities platform, which paved the way for launching security tokens on the network. Not too long after, the ...