CryptoMedium•3 November 2026•
1 min read
Liquid Network Restores Full L-BTC Backing Following 250 BTC Deposit
Key Facts
1JAN3 CEO Samson Mow announced that L-BTC reserves are now fully aligned with circulating supply following a final 250 BTC deposit.
2Blockstream had committed to covering the reserve gap to ensure the network's stability.
JAN3 CEO Samson Mow announced that L-BTC reserves have been fully restored following a final deposit of 250 BTC into the reserve wallet. TokenPost reported that this move aligns the circulating supply of L-BTC with the federation's Bitcoin holdings, effectively closing a previous reserve gap.
Blockstream fulfilled its commitment to cover the shortfall to maintain the network's stability following a technical vulnerability that had impacted the reserve balance. The restoration of the 1:1 backing is intended to reduce counterparty risk and restore user confidence in the sidechain's peg mechanism.