Liquid Network has fully restored its Bitcoin reserves, reestablishing complete BTC backing for all Liquid Bitcoin (LBTC) tokens. The development marks a significant recovery milestone for the Bitcoin sidechain following efforts to restore its reserve position. According to an official announcement, the network has reestablished 1:1 Bitcoin backing for all LBTC, following the earlier restoration of BTC and LBTC swaps through participating service providers. Users can exchange Bitcoin and LBTC at a 1:1 rate through supported swap services, while the restored reserves bring the network’s backing into line with its established operating model.