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Kinetix Finance is designed with the discerning DeFi trader in mind and it leverages KAVA Chain's integration with Ethereum and Cosmos.

The Kava-Stargate integration gives access to greater liquidity and better transaction efficiency, including access to Cosmos-native USDt.

Wrapped Kava (WKAVA) plunged by over 90% over the past 24 hours, while the protocol's native token, Kava (KAVA), registered slight gains in the mentioned period.

Bitcoin (CRYPTO: BTC) traded lower, but the cryptocurrency prices trading above the $30,500 level on Thursday. Ethereum (CRYPTO: ETH) also moved lower, trading below the key $1,900 mark this morning.

Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10.90%, representing the biggest loss of the day.

The latest CPI announcement failed to push the cryptocurrency market out of its consolidation, as the rangebound trading continues.

KAVA is one of the Layer-1 blockchains in the crypto industry with links to two top blockchains, Ethereum and Cosmos. The network combines the Cosmos blockchain, and the EVM technology boosting its speed, security, and maximum scalability.

Kava, a Layer 1 blockchain with unique co-chain architecture, is set to receive a new mainnet upgrade, Kava 14. The Kava 14 mainnet upgrade will allow Kava to roll out the new internal bridge feature with the initial supported asset of ATOM.

Kava blockchain will facilitate USDT's launch on interchain. This development will not only make it easier for DeFi users to transfer funds from one chain to another, but also make it more cost efficient.

USDT on Kava will boost liquidity on the Cosmos ecosystem and help it build stronger muscles for the DeFi industry.

A slew of decentralized finance (DeFi) projects skyrocketed this past week, outperforming Bitcoin's (BTC) already-bullish price action. Several of the surging DeFi altcoins started to retrace on Monday, however. Aave (AAVE), a lending and borrowing DeFi protocol, is up over 27% in the past seven days but down by nearly 1.

Bitcoin Cash (BCH) reached a new yearly high after a 145% increase in two weeks. Kava. (KAVA) rallied during the weekend but failed to clear a crucial horizontal resistance.

Tether will leverage Kava to help improve user experience in the Cosmos ecosystem, by addressing liquidity and improving DeFi performance.

During the market consolidation, KAVA price experienced a solid accumulation of buying power at its support prices.

Tether Operations Limited( Tether), the driving force behindtether.to and the world's most extensively espoused stablecoin, lately unveiled its plans to bringU.S. bone – pegged Tether commemoratives( USDT) to the Kava blockchain. Kava, known for its scalability and high- speed deals, is a subcaste- 1 blockchain that combines the inflexibility of the Ethereum virtual machine with the interoperability of the Cosmos software development tackle.

The largest stablecoin issuer in the world is announcing its expansion ontp Kava (KAVA), an interoperable layer-1 blockchain. In a new press release, Tether (USDT) says that its dollar-pegged crypto asset will be launching over the Kava network, sending the decentralized finance (DeFi) platform's price skyrocketing. KAVA is trading for $0.

Tether.to, the company in charge of USDT, the world's largest stablecoin, has signaled plans to roll out the token on the Kava blockchain.

Kava layer one blockchain joins other chains - like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron - that support USDT.

Kava joined the likes of Ethereum, NEAR Protocol, Polygon, and others to add support for USDT.

Stablecoin issuer Tether Holdings Limited is expanding its reach as it has announced plans to launch the USDT token on the Kava Blockchain. By leveraging the speed and scalability associated with the Kava Blockchain, USDT will gain bigger and better coverage and reach more users within the Web3.0 ecosystem.

In a major move, Tether Operations Limited, the company behind the stablecoin Tether (CRYPTO: USDT), has announced the launch of its US dollar-pegged tokens on the Kava (CRYPTO: KAVA) blockchain. Kava is known for its scalability and speed, making this a significant addition for Tether.

With the new release, USDT liquidity will be available to the community of Cosmos (ATOM), a pioneering cross-chain ecosystem. Its flagship network Kava (KAVA) recently underwent a major upgrade.

USDT issuer Tether has announced the launch of its stablecoin on the Layer 1 blockchain, Kava.

Latest crypto news for Tether and its USDT stablecoin, which will soon be natively integrated within the Kava ecosystem, designed as a scalable and efficient layer 1.