- Boltz, an El Salvadorian company, launches Chain Swaps for easy LBTC-BTC conversion.
- El Salvador praises innovation, highlighting its leadership in Bitcoin development.
- Chain Swaps could improve transactions within El Salvador’s Bitcoin ecosystem.
The Bitcoin Office of El Salvador expressed enthusiasm today over a new “Bitcoin-fintech innovation” from Boltz, a company registered in the country.
El Salvador is building new capital markets on #Bitcoin so we are excited to see this interesting new #BTC-fintech innovation drop from @Boltzhq, a company registered here in #Bitcoin Country.El Salvador is at the forefront of innovation and development in the bitcoin era. https://t.co/vv7yNOQVoV
— The Bitcoin Office (@bitcoinofficesv) May 29, 2024
Boltz, through their official Twitter account, announced the launch of a new product, Chain Swaps. This feature allows users to seamlessly exchange directly between Liquid Bitcoin (LBTC) and the original Bitcoin (BTC) mainchain.
Chain Swaps provide a new feature that lets users swap between Bitcoin’s mainchain and liquid sidechain. This offers a noncustodial solution with immediate refunds and lower fees compared to e…
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