Liquid Network said on X that its Bitcoin reserves have been fully restored and all LBTC are again backed 1:1 by BTC. According to Odaily, BTC-LBTC conversions resumed several weeks ago, allowing users to transfer assets between the Bitcoin network and Liquid at a 1:1 ratio through participating conversion providers. Users can verify the federation reserve proof by running a Liquid node or check reserve balances and network activity on a public dashboard.