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Bitcoinist 2019-08-02 13:00:47

Is Liquid Tether a Libra Alternative or a Headache?

Tether’s (USDT) launch on the Liquid Network makes Libra obsolete even before it goes live, according to Samson Mow, chief strategy officer (CSO) at Blockstream. Liquid USDT Might Overshadow Libra At the end of July, Tether announced that it was launching on the Liquid Network sidechain, which was developed by Blockstream. Prior to that, the USD-backed stablecoin was residing on Bitcoin’s Omni Layer. Bitfinex already accepts deposits and withdrawals of Liquid-based Tether, called Liquid USDT.Read MoreThe post Is Liquid Tether a Libra Alternative or a Headache? appeared first on Bitcoinist.com.

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