Blockstream’s Liquid sidechain is now built-in with BTCPay Server, the self-hosted bitcoin payment processor.
Announced Wednesday at 20:15 UTC, BTCPay customers can now transact assets issued on the federated sidechain this kind of as liquid bitcoin (L-BTC) or tether (L-USDT), in accordance to a Blockstream weblog write-up.
Liquid’s confidential asset tech – a privateness protocol that blinds normal blockchain transaction info – is now part of the BTCPay suite of payment solutions thanks to the partnership, the staff writes.
As an alternative of operating on the bitcoin community, which, in accordance to rule of thumb, demands six confirmations to be considered settled, Liquid can finalize transactions in two minutes via its federated sidechain.
Stablecoin tether was first released onto Liquid past summer. Tether Inc. just lately moved $15 million in tokens from the ethereum community to Liquid owing to trader demand from customers for L-USDT, reported Tether CTO Paolo Ardoino.
The Liquid pairing is BTCPay’s latest, following integration with bitcoin comprehensive node services Casa in October 2019. A absolutely self-hosted server, Blockstream’s BTCPay occasion will be up-to-date to accept its have Liquid sidechain tokens, the agency reported.
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