Stargate Deploys on Kava Chain, Expanding Reach of Tether’s USDt to Ethereum Ecosystem

The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Stargate, a leading omnichain liquidity layer and native asset bridge, has announced its deployment on the Kava Chain, an interoperable Layer 1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos. This integration will enable the expansion of Tether’s Cosmos-native USDt to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unparalleled, with significantly higher total value locked (TVL) compared to other bridges. By deploying Stargate on the Kava Chain, users will have a secure and efficient way to transfer USDt between the Cosmos and Ethereum ecosystems. The integration will provide users from any of Stargate’s chains access to USDt on the Kava Chain and all app-chains on Cosmos’s Internet of Blockchains. The platform offers features like single-click transfers and swaps, unified liquidity, and instant guaranteed finality, making USDt transactions simple and capital efficient. This collaboration between Stargate and the Kava Chain aims to drive growth, increase liquidity exposure, and open up the Cosmos ecosystem to wider markets. The Kava Chain has already established itself as a trusted choice for developers and users worldwide.

Notifications 0