global 703 crypto positive
Stargate, the leading omnichain liquidity layer and native asset bridge, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one. This integration will expand the reach of Tether’s Cosmos-native USDt, issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300 times more TVL than the next most-used bridge.Deploying Stargate on the Kava Chain gives DeFi users the most secure and efficient way to move USDt between the Cosmos and Ethereum ecosystems. 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. Stargate’s native asset transaction capabilities ensure a more direct and efficient connection to the Cosmos ecosystem.Scott Stuart, co-founder of Kava Chain, said, “Kava Chain’s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued. With 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.”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.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. Stargate is a fully composable liquidity transport protocol that lives at the heart of omnichain DeFi. With Stargate, users and DApps can 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 10
People Scott Stuart
Companies Kava Chain, Ethereum, Cosmos, Tether, Stargate
Currencies usdt, ethereum, cosmos, kava, bitcoin
Securities

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