Hot Assets - KAVA
[Hotness Level] : B Grade (Short-term Hotness) Reasons for the rise] (1) Tether has chosen Kava as the gateway to Cosmos USDT, the native issuance of USDT on Kava streamlines the process and provides a simplified and efficient mechanism for providing and transferring stablecoin liquidity between the Cosmos and Ether ecosystems; (2) The official announcement of the launch of Kava 14 on July 12, which is intended to be an internal cross-chain bridge connecting Cosmos to the Ether dApp; (3) KAVA has jumped +30% in the last 24h;
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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