USDT-L is a wrapped version of Tether, built to simplify global payments by harnessing Lightning Network’s capabilities. It empowers you to breakfree from Ethereum’s unpredictable fees and network congestion.
USDT sent via the Lightning Network can be settled almost instantly.
Lightning Network transactions incur significantly lower fees than other Blockchains.
USDT on Lightning guarantees 100% uptime for uninterrupted transactions anytime, anywhere.
Here are 3 ways to add USDT-L to your wallet.
Transfer USDT via Ethereum or TRON Blockchain to Speed Wallet, and we will automatically convert it to USDT-L. To initiate the transfer, follow these steps:
Generate USDT-L invoice in Speed wallet, which can be used to make a Bitcoin lightning payment from Speed or any other wallet or exchange. Speed will automatically convert the Bitcoin to USDT-L on receipt.
Speed users can swap their BTC balance to USDT-L in just a few taps. Swaps are instant and completely free.
*USDT-L appears as USDT in Speed Wallet. To ensure you are using USDT on lightning network, please ensure you are sending or receiving USDT in lightning tab.
All your funds are 100% backed by Tether, one of the most trusted and reliable stablecoins pegged to the US dollar. Speed stores reserved assets in a multi-sig wallet, reducing the risk of unauthorized access. We also publish daily records to maintain complete transparency of total assets and reserves.
USDT-L is 100% backed by Tether’s reserves, giving you the stable value of your assets.
We publish daily records to maintain complete transparency of total assets and reserves.
USDT-L can be instantly transferred to any part of the world in milliseconds at a fraction of the cost.
As of October 8, 2024
In Circulation
Reserves
Easily integrate USDT-L into your business with Speed’s secure APIs for faster, low-fee payments. Start accepting USDT-L today!
Explore MoreSeamlessly transact USDT on the Lightning Network with Speed Wallet - available for Android, iOS, Web & Chrome
Download NowEverything you need to know about speed rewards.
Our team will answer all your questions. We ensure a quick response.