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Injective has integrated with Kava to expand stablecoin asset interoperability

CointimeCointime2023/11/02 13:24
By:Cointime

On November 2nd, Injective has completed integration with Kava, expanding access to stablecoin assets such as USDT. This collaboration follows Kava's recent announcement that it will receive support from the Tether Foundation to natively issue USDT within the wider Cosmos ecosystem. This collaboration will include the direct bridging of USDT from Kava to Injective's IBC. In addition, the Kava community has also approved a governance proposal to incentivize the use of USDT on Injective through Kava token rewards.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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