Cosmos’ Interchain embraces this token’s issuance through KAVA

. 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.

What does this mean for USDT? From a utility point of view, having USDT easily available and transferable in the interchain ecosystem might have some advantages. For example, it translates to easier access to liquidity on more . Users may also find it easier to use DeFi with native USDT easily transferable within the interchain ecosystem.As noted earlier, the Kava blockhain which is a Cosmos SDK chain will facilitate the USDT rollout on the interchain. But what does this mean for the Kava network and its native cryptocurrency? Perhaps this major development may unlock more visibility for the network.

So far Kava has seen a significant surge in market cap in the last 30 days. Kava’s marketcap bottomed out at slightly over $421 million in mid-June but peaked above $704 million on 25 June. It hovered around $578.7 million in the last 24 hours.Kava’s volume also achieved its highest level in the last four weeks on 25 June. It has since receded back to its monthly lows.

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