Introduction
Stargate, the vanguard omnichain liquidity layer and native asset bridge, has established its presence on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration marks a significant advancement in the DeFi landscape, facilitating seamless cross-chain transfer of USDt between Cosmos and Ethereum ecosystems.
Stargate’s Unrivaled Success
- Stargate reigns supreme in interconnecting Ethereum networks, boasting 300 times more TVL than its closest competitor.
- By incorporating Stargate into the Kava Chain, DeFi enthusiasts gain unrivaled security and efficiency in transferring USDt between the Cosmos and Ethereum realms.
Enhanced Accessibility and Convenience
This integration guarantees accessibility to USDt on Kava Chain and all app-chains within Cosmos’ Internet of Blockchains for users from any chain connected to Stargate. The user experience is further enhanced by features such as single-click transfers and swaps, along with unified liquidity and instant guaranteed finality, making capital management through USDt efficient and effortless.
Stargate’s Role in Facilitating Cosmos Ecosystem Integration
Stargate’s native asset transaction capabilities provide a direct and streamlined connection to the Cosmos ecosystem. This enhances the ease of integration, fostering innovation and collaboration.
Kava Chain’s Stellar Growth
Since establishing itself as the exclusive native USDt hub for Tether, Kava Chain has achieved remarkable growth, minting 90 million native USDt.
Statement from Scott Stuart, Kava Chain Co-founder
“This integration with Stargate is a testament to the Kava Chain’s relentless commitment to growth and innovation. It unlocks new possibilities for both retail and institutional users, empowering them to explore a broader range of opportunities with USDt. Stargate’s involvement, coupled with our USDt integration, will undoubtedly drive further expansion, increase liquidity exposure, and invite unprecedented usage for the Kava Chain and Cosmos ecosystems.”
About Kava Chain
The Kava Chain stands as a secure and blazing-fast Layer-1 blockchain, seamlessly merging the development prowess of Ethereum with the speed and interoperability of Cosmos into a single, scalable network. It has become a cornerstone for developers and users around the globe, fostering innovation and growth in the blockchain arena.
About Stargate
Stargate is a composable liquidity transport protocol that resides at the core of Omnichain DeFi. It allows users and dApps to transfer native assets seamlessly across chains, leveraging its unified liquidity pools with immediate guaranteed finality.
Contact Information
Media Manager: Guillermo Carandini
Email: [email protected]
Disclaimer
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