The world’s first stablecoin on Lightning Network.

USDT-L is a wrapped version of Tether, built to simplify global payments by harnessing Lightning Network’s capabilities. It empowers our users to breakfree from Ethereum’s unpredictable fees and network congestion.

Instant Transactions

USDT sent via the Lightning Network can be settled almost instantly.

Lowest Fees

Lightning Network transactions incur significantly lower fees than other Blockchains.

100% Backed by Tether

USDT-L is 100% backed by Tether’s reserves, giving you the stable value of your assets.

 

Here’s what you can do with USDT-L.

Here’s what you can do with USDT-L.

Why USDT-L?

USDT-L makes global payments faster, more convenient, and cost-effective.

Hedge against volatility

USDT-L can be your shield against the market’s volatility. Get stable value of your assets with Speed Wallet.

Liquidate anytime

USDT-L offers the freedom to liquidate anytime, ensuring that your funds are always available when you need them.

Spend anywhere

Buy goods and services or pay your Bitcoin Lightning Invoices with USDT on Lightning.

How to add USDT-L to your Speed wallet?

Here are 3 ways to add USDT-L to your wallet.

Convert Eth-USDT to USDT-L

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 a payment QR to receive USDT.
  • Scan the payment QR from your existing Ethereum Wallet and complete the payment.

Transfer via USDT-L Invoices

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.

  • Tap Receive
  • Enter the amount and add a note (if any)
  • Select Lightning
  • Generate and share QR or invoice with the sender
  • The sender can scan the QR or use the invoice to pay.

Convert your Bitcoins to USDT on Lightning

Speed users can swap their BTC balance to USDT-L in just a few taps. Swaps are instant and completely free.

  • Tap “Add USDT”
  • Select “Swap”
  • Enter amount
  • Receive USDT-L

Complete Transparency of your funds.

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.

View Reserves

Stable & Fully Backed USDT on Lightning.

As of September 19, 2024

₮ 100,000

In Circulation

₮ 90,804.17

Reserves

For Merchants

Easily integrate USDT-L into your business with Speed’s secure APIs for faster, low-fee payments. Start accepting USDT-L today!

Explore More

Download Speed App

Seamlessly transact USDT on the Lightning Network with Speed Wallet - available for Android, iOS, Web & Chrome

Download Now

Frequently asked questions

Everything you need to know about speed rewards.

USDT-L is Tether — the world’s most popular stablecoin — operating on the Lightning Network to enable blazing-fast transactions at the lowest transaction fees. This integration combines the stability of USDT with the speed and scalability of the Lightning Network, enabling instant, low-cost payments for users globally.

While both are the same stablecoin (USDT), USDT-L operates on the Lightning Network, making transactions faster and cheaper compared to traditional USDT transfers on other blockchains like Ethereum or Tron.

Yes, USDT-L transactions are 100% safe as they use the Lightning Network for routing funds.

Yes, you can transfer USDT from your Ethereum Wallet and Speed will automatically convert it to USDT-L.

USDT-L can be used for payments, remittances, and micropayments, particularly in platforms, merchants, or services that have adopted the Lightning Network.

Absolutely. USDT-L is backed 1:1 by Tether, and we publish daily records to maintain complete transparency of total assets and reserves. Additionally, we have adopted a strict no-hypothecation policy and appointed a third-party auditor to publish monthly reports of our reserves.
Do you have different questions?

Our team will answer all your questions. We ensure a quick response.

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