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Blockchain Platform Tether to Launch Dollar Stablecoin USD₮ on Kava, a Layer-1 Blockchain Designed for Scalability and Speed

June 21 (Cointime) -Tether will launch USD₮, a USD stablecoin on Kava. Kava is a scalable and fast layer-1 blockchain whose unique architecture combines the flexibility of the Ethereum Virtual Machine with the speed, low transaction fees and interoperability of the Cosmos SDK. The news further cements Tether’s status as the most widely adopted stablecoin, and underscores the importance of protecting users when using USD₮. Additionally, the company has launched stablecoins on multiple networks, including Ethereum, Solana, Algorand, and more.

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