INJECTIVE KAVA INTEGRATION
Injective has partnered with Kava to make it easier for users to access stable assets like USDt. This is good news for the Injective ecosystem, as it will increase liquidity and accessibility.
Here is a simple explanation of what this means:
Kava is a Cosmos-based blockchain that offers lending, borrowing, and staking services.
#USDT's is a stablecoin that is pegged to the US dollar.
IBC is a bridging protocol that allows users to transfer assets between different blockchains.
The Injective-Kava integration will allow users to directly bridge USDt from Kava to Injective using IBC. This means that users will be able to use USDt on Injective without having to go through a centralized exchange.
In addition, the Kava community has approved a governance proposal to incentivize the usage of USDt on Injective with Kava token rewards. This means that users will be rewarded for using USDt on Injective.