LATEST NEWS ON KAVA:
Kava expanded cross-chain interoperability via a decentralized bridge with Wanchain, facilitating native USDT transfers between its ecosystem and networks like Ethereum, Solana, and Cosmos. This follows Tether’s 2023 deployment of USDT on Kava.
What this means: Improved liquidity and utility for KAVA, as seamless cross-chain transfers could attract more DeFi projects. However, competition from established bridges like Wormhole limits near-term impact. (Wanchain