There's been some buzz around #stablecoins lately, given their increased usage in the Global South.
Using only your phone, here are two simple ways to get Tether USDt on Liquid—a Bitcoin L2 with multi-asset support and confidential transactions that is compatible with Lightning.
By using Liquid, you further hyperbitcoinization and the #Bitcoin ecosystem and avoid relying on inferior alts with backward incentives like #TRON or #Ethereum.
First, if you don't already hodl L-BTC, you'll need to either a) bridge BTC to L-BTC (aka peg-in) or b) use a swap tool like Boltz or SideShift to get some.
Both apps used in the video have native peg-in capability and non-custodial Liquid wallets built-in, but I'll use Boltz
and #BlockstreamGreen to move from LN-BTC to L-BTC in the second example to mix things up.
1. SideSwap
A registration-free mobile app with Tether USDt and EURx stablecoins available via atomic swap or limit order. Fees: 0.6% (swaps), 0.1% or 500 sats (orders), 0.1% (peg-in), Liquidity: ~0.75 L-BTC (swaps)
2. TDEX
A DEX protocol with Tether USDt, L-CAD, and Bitcoin-backed stablecoin FUSD (Fuji Money) available via atomic swap. Fees: dependent on market makers (swaps), no additional fee (peg-in), Liquidity: subject to mmkr
Note depending on your buy size, jurisdiction, desired privacy, or stablecoin needed, you may want to explore other platforms that have Liquid, including:
Bitcoin Reserve
Bisq
Bitfinex
BTSE
BTCTurk
Bull Bitcoin
Hodl Hodl
Peach Bitcoin
Sideshift
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2023-07-31 19:53:55
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"content": "There's been some buzz around #stablecoins lately, given their increased usage in the Global South.\n\nUsing only your phone, here are two simple ways to get Tether USDt on Liquid—a Bitcoin L2 with multi-asset support and confidential transactions that is compatible with Lightning.\n\nBy using Liquid, you further hyperbitcoinization and the #Bitcoin ecosystem and avoid relying on inferior alts with backward incentives like #TRON or #Ethereum.\n\nFirst, if you don't already hodl L-BTC, you'll need to either a) bridge BTC to L-BTC (aka peg-in) or b) use a swap tool like Boltz or SideShift to get some.\n\nBoth apps used in the video have native peg-in capability and non-custodial Liquid wallets built-in, but I'll use Boltz\n and #BlockstreamGreen to move from LN-BTC to L-BTC in the second example to mix things up.\n\n1. SideSwap\n\nA registration-free mobile app with Tether USDt and EURx stablecoins available via atomic swap or limit order. Fees: 0.6% (swaps), 0.1% or 500 sats (orders), 0.1% (peg-in), Liquidity: ~0.75 L-BTC (swaps)\n\n2. TDEX\n\nA DEX protocol with Tether USDt, L-CAD, and Bitcoin-backed stablecoin FUSD (Fuji Money) available via atomic swap. Fees: dependent on market makers (swaps), no additional fee (peg-in), Liquidity: subject to mmkr\n\nNote depending on your buy size, jurisdiction, desired privacy, or stablecoin needed, you may want to explore other platforms that have Liquid, including:\n\nBitcoin Reserve\nBisq\nBitfinex\nBTSE\nBTCTurk\nBull Bitcoin\nHodl Hodl\nPeach Bitcoin\nSideshift https://nostr.build/av/2c2c2523005b57d49fe5cb3fae402e964fb6eac4297b8c96a091716a79bbf24f.mov ",
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