- Stargate has integrated with Kava Chain, an interoperable Layer 1 blockchain that combines Cosmos and Ethereum.
- This integration allows for secure and efficient movement of USDt between Cosmos and Ethereum, featuring user-friendly transfers, unified liquidity, and instant finality.
- The collaboration aims to drive growth, enhance liquidity exposure, and introduce the Cosmos ecosystem to wider markets through USDt integration, offering new opportunities for retail and institutional users.
Stargate, the leading omnichain liquidity layer and native asset bridge with over $18 billion in transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperability Layer 1. This connection will extend Tether’s Cosmos-native USDt, which is only available on the Kava Chain, to the Ethereum ecosystem and beyond.
What the Stargate Integration Means for Users
The success of Stargate in linking Ethereum networks is unparalleled, with 300x more TVL than the next most-used bridge. DeFi customers now have the safest and most efficient option to exchange USDt between the Cosmos and Ethereum ecosystems, thanks to the deployment of Stargate on the Kava Chain.
With the integration, users from any of Stargate’s chains now have access to USDt on Kava Chain and every app-chain on Cosmos’ Internet of Blockchains. Features like single-click transfers and swaps, paired with unified liquidity and instant guaranteed finality, make USDt capital traversal efficient and straightforward. Stargate’s native asset transaction features allow for more direct and efficient access to the Cosmos ecosystem.
According to Scott Stuart, co-founder of Kava Chain, “Kava Chain’s growth since becoming the exclusive native USDt hub for Tether has been impressive, with 90 million native USDt issued, with Kava Chain now on Stargate, both retail and institutional users who previously had restricted access to certain features on Kava, now have an even broader spectrum of opportunities with USDt.”
Stargate’s cooperation, together with the USDt integration of the Kava Chain, aims to drive growth, expand exposure to liquidity, and offer the Kava Chain and Cosmos ecosystems to new markets for the first time.
About Kava Chain
The Kava Chain is a scalable, secure Layer-1 blockchain that combines the developer capability of Ethereum with the speed and interoperability of Cosmos. The Kava Chain is a trusted choice for developers and users globally because it is dedicated to supporting innovation and growth.
About Stargate
Stargate is a fully composable liquidity transport mechanism at the heart of Omnichain DeFi. Users and dApps can use Stargate to move native assets across chains while also accessing the protocol’s unified liquidity pools with instant assured finality.
