Liquid Multi-Asset Support
TL;DR
Liquid is a multi-asset sidechain that can host not only Bitcoin (L-BTC) but also stablecoins (USDt), security tokens, and other digital assets on a unified ledger.
💵 Stablecoins: USDt on Liquid
One of the most common use cases for the Liquid SDK is the integration of USDt (Tether).
- Low Cost: Sending USDt on Liquid is significantly cheaper than on Ethereum (ERC-20) or Tron.
- Atomic Swaps: Because USDt and L-BTC live on the same chain, they can be swapped “atomically” (either both happen or neither does) without a trusted middleman.
🎨 Asset Issuance
Developers can issue their own assets on Liquid using the SDK or command-line tools:
- Security Tokens: Digital bonds or equity.
- Collectibles: Non-fungible assets.
- Loyalty Points: Internal application tokens.
🔄 Cross-Asset Payments
The Breeze SDK abstracts the complexity of assets. If an application requires a payment in USDt, the SDK can:
- Prepare: Query swap providers (like SideSwap) for the BTC/USDt exchange rate.
- Execute: Perform the swap and the payment in a single logical flow.
🚀 Why Use Multi-Asset?
- Universal Interface: The same “Connect-Prepare-Execute” paradigm works for BTC and USDt.
- Confidentiality: Just like BTC, the type of asset and the amount are hidden from the public via Confidential Transactions.
References: