The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement – requiring users to commit funds to the protocol even when they’re just receiving payments – “doesn’t make any sense.”
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.