global 703 crypto positive
Stargate, the leading omnichain liquidity layer, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge.The integration ensures that users from any of Stargate’s chains have access to USDt on Kava Chain and every app-chain on Cosmos’s Internet of Blockchains. Ease-of-use features like single-click transfers and swaps, combined with unified liquidity and instant guaranteed finality, make traversing USDt capital efficient and simple.Kava Chain has seen impressive growth since becoming the exclusive native USDt hub for Tether, with 90 million native USDt issued. With Kava Chain now on Stargate, both retail and institutional users have an even broader spectrum of opportunities with USDt.Stargate’s involvement, combined with the Kava Chain’s USDt integration, promises to drive growth, increase exposure to liquidity, and open the Kava Chain and Cosmos ecosystems to wider markets. Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi, allowing users and dApps to transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality.

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Information Details
Geography Global
Countries 🇰🇾 🇺🇸
Sentiment positive
Relevance Score 9
People Scott Stuart, PrimeXBT., Binance, Tether
Companies Kava Chain, PrimeXBT, Binance, Tether, Stargate
Currencies usdt, ethereum, cosmos., kava, bitcoin
Securities

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