August 28, 2023 \u2013 Georgetown, Cayman Islands<\/em><\/p>\n This integration will expand the reach of Tether\u2019s Cosmos-native USDt issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond.<\/p>\n Stargate\u2019s success in connecting Ethereum networks is unmatched, with 300 times more TVL than the next most-used bridge.<\/p>\n Deploying Stargate on the Kava Chain gives DeFi users the most secure and efficient way to move USDt between the Cosmos and Ethereum ecosystems.<\/p>\n The integration ensures that users from any of Stargate\u2019s chains have access to USDt on Kava Chain and every app-chain on Cosmos\u2019s Internet of Blockchains.<\/p>\n 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.<\/p>\n Stargate\u2019s native asset transaction capabilities ensure a more direct and efficient connection to the Cosmos ecosystem.<\/p>\n Scott Stuart, co-founder of Kava Chain, said,<\/p>\n \u201cKava Chain\u2019s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued.<\/em><\/p>\n \u201cWith Kava Chain now on Stargate, both retail and institutional users who previously had restricted access to certain features on Kava now have an even broader spectrum of opportunities with USDt.\u201d<\/em><\/p>\n Stargate\u2019s involvement, combined with the Kava Chain\u2019s USDt integration, promises to drive growth, increase exposure to liquidity and open the Kava Chain and Cosmos ecosystems to wider markets \u2013 <\/span>unprecedented usage for the first time.<\/p>\n The Kava Chain is a secure, lightning-fast layer one blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single scalable network.<\/p>\n Committed to fostering innovation and growth, the Kava Chain is a trusted choice for developers and users worldwide.<\/p>\n For more updates, follow Kava Chain on X<\/a>.<\/p>\n Stargate is a fully composable liquidity transport protocol that lives at the heart of omnichain DeFi.<\/p>\n With Stargate, users and DApps can transfer native assets cross-chain while accessing the protocol\u2019s unified liquidity pools with instant guaranteed finality.<\/p>\n Guillermo Carandini<\/a>, media manager of Kava<\/p>\n Follow Us on Twitter<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n
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Stargate, the leading omnichain liquidity layer and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one.<\/h5>\n<\/blockquote>\n
About the Kava Chain<\/strong><\/h5>\n
About Stargate<\/strong><\/h5>\n
Contact<\/strong><\/h5>\n
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.<\/h6>\n
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