Stargate Deploys on Kava Chain, Enabling Seamless USDt Transactions
Stargate, the leading omnichain liquidity layer, has now been deployed on Kava Chain, allowing users to easily transfer USDt between the Cosmos and Ethereum ecosystems. Here are the key points:
– Stargate has a proven track record of connecting Ethereum networks, with 300x more TVL than the next most-used bridge.
– The integration with Kava Chain gives DeFi users the most secure and efficient way to move USDt between the two ecosystems.
– Users from any of Stargate’s chains now have access to USDt on Kava Chain and every app-chain on Cosmos’s Internet of Blockchains.
– Features like single-click transfers and swaps, unified liquidity, and instant guaranteed finality make traversing USDt capital efficient and simple.
– Kava Chain’s growth as the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued.
This integration promises to drive growth, increase exposure to liquidity, and open the Kava Chain and Cosmos ecosystems to wider markets for the first time.
About the Kava Chain
The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos. It is a trusted choice for developers and users worldwide.
About Stargate
Stargate is a fully composable liquidity transport protocol that allows users and dApps to transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality.
Hot Take
The integration of Stargate on Kava Chain is a significant development for the crypto community. It provides a seamless and secure way for users to transfer USDt between the Cosmos and Ethereum ecosystems. This integration has the potential to drive growth and increase liquidity, opening up new opportunities for both retail and institutional users.
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