Stargate’s Integration with Kava Chain Expands Cosmos-Ethereum Interoperability
Stargate, a prominent omnichain liquidity layer and native asset bridge that has facilitated more than $18 billion in lifetime transactions, has recently been deployed on the Kava Chain. The Kava Chain, known for its Cosmos-Ethereum interoperable Layer 1, is set to benefit from Stargate’s integration, enabling wider access to the Cosmos-native USDt issued exclusively on the Kava Chain, extending its reach into the Ethereum ecosystem and beyond.
Stargate’s remarkable success in linking Ethereum networks sets it apart, boasting a staggering 300 times greater Total Value Locked (TVL) compared to the next most-utilized bridge. By bringing Stargate to the Kava Chain, the decentralized finance (DeFi) community gains a secure and highly efficient solution for transferring USDt between the Cosmos and Ethereum ecosystems.
Seamless Accessibility and Functionality
This integration ensures that users from any of Stargate’s connected chains can access USDt on the Kava Chain, as well as across the various app-chains on Cosmos’s Internet of Blockchains. With user-friendly features like one-click transfers and swaps, coupled with unified liquidity and instant guaranteed finality, navigating USDt transactions becomes both capital-efficient and straightforward. Stargate’s inherent capabilities in handling native asset transactions establish a more streamlined and direct link to the Cosmos ecosystem.
“Kava Chain’s remarkable growth as the exclusive native USDt hub for Tether is evident, with 90 million native USDt already in circulation,” remarked Scott Stuart, Co-founder of Kava Chain. He added, “Now, with Kava Chain integrated into Stargate, both retail and institutional users, who previously had limited access to specific features on Kava, can explore a wider array of opportunities involving USDt.”
Stargate’s engagement in conjunction with the USDt integration on the Kava Chain holds the potential to fuel growth, expand liquidity exposure, and unlock new market segments for both the Kava Chain and Cosmos ecosystems, marking a significant milestone in their usage and adoption.
Kava Chain: A Fusion of Speed and Security
The Kava Chain, recognized for its secure and high-speed Layer-1 blockchain, effectively marries the developmental capabilities of Ethereum with the swift interoperability of Cosmos, establishing a single, scalable network. Evidencing its dedication to fostering innovation and facilitating growth, the Kava Chain has become a preferred choice for developers and users worldwide.
The integration of Stargate with the Kava Chain signals a significant advancement in Cosmos-Ethereum interoperability. Stargate’s proven track record in seamlessly connecting Ethereum networks positions it as a valuable bridge, particularly in terms of USDt transactions. With Stargate’s capabilities enhancing accessibility and efficiency, and the Kava Chain’s commitment to innovation and seamless interconnectivity, the integration is poised to amplify liquidity exposure, expand user possibilities, and elevate the Kava Chain and Cosmos ecosystems to a new level of adoption and usage.