Tether's USDt stablecoin has been successfully launched on Cosmos via Kava, providing deep stablecoin liquidity across the Inter-Blockchain Communication (IBC) and Ethereum Virtual Machine (EVM) ecosystems.
The integration of native USDt on Kava addresses the Cosmos ecosystem's limited growth, fragmented liquidity, and exaggerated volatility, providing users and developers with a secure and universally adopted canonical stablecoin.
The launch of Kava 14 enables USDt natively issued on Kava to move between IBC and EVM blockchains via an 'internal bridge,' reducing attack vectors and providing users with an efficient mechanism for stablecoin liquidity provision and transfer. The integration could potentially catalyze a significant expansion of the DeFi economy on Cosmos, offering increased security and reliability to users and developers.
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