BTC2 is a token on the #BitcoinCash blockchain (using SLP tech) that is 1:1 backed by on-chain BTC. 

BTC2 is like USDT. As USDT is an IOU for USD where Tether holds the actual USD in their bank, @sideshiftai is the custodian of the on-chain BTC and issues BTC2 tokens in return. https://t.co/M546mmo25B