Crypto

Liquid Restores 1:1 Bitcoin Backing, but Wallet Refills Remain Manual

SideSwap reported that L-BTC is fully backed by an equal amount of Bitcoin in the reserve.

Direct withdrawals from the Liquid Federation remain restricted for users.

Customer payouts depend on SideSwap's own wallet and manual inventory refills.

The Federation has not announced a specific date for resuming direct peg-outs.

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