Injective, a Layer-1 blockchain, has chosen the Kava Chain’s Native USDt for Perps trading. This partnership aims to benefit users and reshape the DeFI space. Kava Chain is a fast and secure layer 1 blockchain that combines the interoperability and speed of Cosmos and ethereum for a better user experience.
Enhanced Trading Opportunities and Liquidity
Through this collaboration, users on both platforms will enjoy enhanced trading opportunities, cross-chain flexibility, and improved liquidity.
Remarks from Injective’s CEO
Eric Chen, Co-Founder and CEO of Injective Labs, stated, “The introduction of stable asset interoperability is a major boon for the Injective ecosystem. USDT stands as a cornerstone within the broader crypto industry, and the extension of Kava’s USDT offering will serve as a major milestone for the community.”
Remarks from Kava Labs’ CEO
Scott Stuart, Co-Founder, and CEO of Kava Labs expressed his excitement about the collaboration and the potential user benefits of using Kava Chain’s native USDt for Perps trading.
Injective is a blockchain built for finance, offering a truly free and inclusive financial system through decentralization. It is the fastest blockchain built for finance and provides plug-and-play Web3 modules. Injective’s ecosystem aims to reshape the current financial system with scalable, interoperable, and decentralized dApps.
About Kava Chain
Kava Chain is a single scalable network committed to fostering growth and innovation. It allows the free flow of assets, users, and projects into its ecosystem.
For more updates, follow Kava Chain on X.
### News source: zycrypto.com