Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Floki’s TokenFi Becomes Title Sponsor of West Indies Tour of Ireland 2025

06/07/2025

German Fintech Ivy Unleashes Seamless USDC EURC Integration

05/07/2025

Rising MVRV and Derivatives Data Hint at Deeper Correction

05/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Rising MVRV and Derivatives Data Hint at Deeper Correction

    05/07/2025

    Analyst Targets $910K for Bitcoin, Says This Time Won’t Be Different

    05/07/2025

    Will Bitcoin Price Crash to $90,000?

    05/07/2025

    Next 2 Days, 16 Hours Crucial for Bitcoin; Here’s Why

    05/07/2025

    Tom Lee Says Ethereum Could Be the Next Bitcoin

    05/07/2025

    Why Is Ether Struggling Near $2,400 Even as More Firms Add ETH to Their Treasuries?

    05/07/2025

    Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms

    05/07/2025

    Ethereum (ETH) Price Prediction for July 3

    05/07/2025

    Floki’s TokenFi Becomes Title Sponsor of West Indies Tour of Ireland 2025

    06/07/2025

    JUST IN! Microsoft Announces Collaboration for This Newly Listed Altcoin on Binance! Price Increased!

    05/07/2025

    “It Will Benefit Ethereum and These Two Altcoins the Most!”

    05/07/2025

    Giza announces GIZA token generation event

    05/07/2025

    NFT Market Sees Recovery, Records 17.23% in Weekly Sales, Guild of Guardians Leads Sales with $29.61 Million

    05/07/2025

    You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

    04/07/2025

    Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar

    04/07/2025

    Chimpers Expands Into NFT-Linked Blind Box Collectibles

    04/07/2025

    Floki’s TokenFi Becomes Title Sponsor of West Indies Tour of Ireland 2025

    06/07/2025

    German Fintech Ivy Unleashes Seamless USDC EURC Integration

    05/07/2025

    Rising MVRV and Derivatives Data Hint at Deeper Correction

    05/07/2025

    Circle IPO delivers 4x return for Sigil Fund

    05/07/2025
  • Blockchain

    AGI Open Network Collaborates with Unmarshal to Incorporate Efficient AI Agents for Web3

    04/07/2025

    Circle Rolls Out Circle Gateway to Simplify USDC Cross‑Chain Use

    04/07/2025

    Zoro and AgentsGPT Partner to Advance the Future of Tokenized AI Agents

    04/07/2025

    Ice Open Network Teams Up with Uphold to Bridge Institutional Finance and Web3

    04/07/2025

    Kima Network Taps 8lends to Innovate Cross-Chain Decentralized Lending

    04/07/2025
  • DeFi

    ‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial

    05/07/2025

    Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks

    05/07/2025

    Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

    04/07/2025

    Solana captures 95% of tokenized stock trading volume in massive DeFi pivot

    04/07/2025

    DeFi Enters New Era as Injective Debuts High-Speed Testnet Making it the Only L1 With Unified VM Layer

    04/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    Circle IPO delivers 4x return for Sigil Fund

    05/07/2025

    Circle’s IPO success marks the start of crypto listing surge

    05/07/2025

    Saylor to Jim Chanos: Three ways your MSTR short is doomed

    05/07/2025

    Ripple’s Brad Garlinghouse Says Circle IPO Signals U.S. Stablecoin Regulation Ahead

    05/07/2025

    Bank of Korea Governor to Meet Bank Chiefs as Stablecoin Debate Heats Up

    05/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    German Fintech Ivy Unleashes Seamless USDC EURC Integration

    05/07/2025

    HP Deposits & Withdrawals Temporarily Halted for Network Upgrade

    05/07/2025

    Robinhood-backed Bitstamp receives license to operate in Singapore in spite of the ‘crypto exodus’

    05/07/2025

    Revolutionizing Crypto Payments on the French Riviera

    05/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership

    05/07/2025

    Neural Expands to Solana with AI Game Creation Tools and Multi-Chain Support

    05/07/2025

    HeLa Space and Onmi Upgrade AR Gaming Experience with Web3 Adventure

    04/07/2025

    WizoLayer Partners with KingdomStarter to Revolutionize Web3 Gaming and DeFi

    04/07/2025

    Another Solo Bitcoin Miner Beats the Odds, Winning $350K Jackpot

    05/07/2025

    World Famous E-Sports Giant Announces It Will Enter Bitcoin Mining Industry! Here Are the Details

    05/07/2025

    President Putin blames energy deficits for the creeping ban on crypto mining across Russia

    05/07/2025

    Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC

    04/07/2025

    Can The SEC Vote To Continue Appeals Process In Ripple Case?

    05/07/2025

    GENIUS Act and CLARITY Market Structure Bill

    05/07/2025

    Celsius advances in court against Tether for $4 billion

    05/07/2025

    After 5 Years Battling the SEC, Has XRP Come Full Circle?

    05/07/2025

    Floki’s TokenFi Becomes Title Sponsor of West Indies Tour of Ireland 2025

    06/07/2025

    German Fintech Ivy Unleashes Seamless USDC EURC Integration

    05/07/2025

    Rising MVRV and Derivatives Data Hint at Deeper Correction

    05/07/2025

    Circle IPO delivers 4x return for Sigil Fund

    05/07/2025
  • MarketCap
NBTC News
Home»Blockchain»Injective integrates Kava for stable asset interoperability
Blockchain

Injective integrates Kava for stable asset interoperability

NBTCBy NBTC16/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Injective has announced integrating Kava to boost access to stable assets like USDt. The development comes against the backdrop of Injective securing an association with the Tether Foundation.

The integration entails two aspects:

  • Direct IBC bridging of USDt into the ecosystem of Injective, with Kava being the primary source.
  • The Kava community incentivizes the utility of the said stable asset on Injective with Kava token rewards.

Injective gains immense strength to fortify its position in the industry as the leading L1 chain when it comes to interoperability. DeFi, at a macro level, is looking at this integration as a significant step forward. Needless to say, both platforms gain respective advantages from this integration. For instance, the Injective community sees an increase in channels for growth while Kava serves new use cases to the members.

The mission of Injective is to fully democratize the financial future with the assistance of decentralization.

Potential use cases for Injective are:

  • Exchange decentralized applications
  • Integration of USDt on dApps
  • Reward for the participants in the Open Liquidity Program

For exchange decentralized applications (dApps) that have been developed on Injective, Kava will initially be accessible across borders. By utilizing the Injective network, users will have the capability to engage in Kava trading. With respect to its reputation for quick speeds, market-leading returns, and the absence of gas fees, the Injective ecosystem is now receptive to a broader assortment of assets.

Following that, USDt will be integrated into every decentralized application based on Injective. This relates to USDt quote assets on perpetual markets. Users shall be granted instantaneous access to USDTkv for leverage, hedging, and other objectives. Underlying the USDt by Kava will be an underlying asset.

Participants in the Open Liquidity Program by Injective will earn rewards in KAVA for actively trading on two new perpetual markets with USDTkv. The announcement by Injective has highlighted that they are bringing 100,000 KAVA as a reward.

The community has responded positively to this development, with most of them stating that they are now optimistic about the native token setting a new benchmark. Most of them have also said that the integration guarantees success for Kava and Injective alike.

However, these sentiments are yet to be reflected in the trading value of INJ and KAVA. KAVA was last seen exchanging hands at $0.6646, a slip of 4.08% in the last 24 hours. INJ is down by 8.10% for an approximate value of $14.20, again in the last 24 hours. Interestingly, the values are on the higher side when compared with the values from the previous week. KAVA, for one, is up by 5.69%, while INJ has jumped by 14.06% in the last 7 days.

Injective integrating Kava is indeed a significant milestone. Communities on both sides gain from this integration, with stable assets being the top gainers on the list. It will see a direct IBC bridging of USDt from Kava to Injective, plus incentives for using USDt on Injective.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

AGI Open Network Collaborates with Unmarshal to Incorporate Efficient AI Agents for Web3

04/07/2025

Circle Rolls Out Circle Gateway to Simplify USDC Cross‑Chain Use

04/07/2025

Zoro and AgentsGPT Partner to Advance the Future of Tokenized AI Agents

04/07/2025

Ice Open Network Teams Up with Uphold to Bridge Institutional Finance and Web3

04/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Floki’s TokenFi Becomes Title Sponsor of West Indies Tour of Ireland 2025

06/07/2025

German Fintech Ivy Unleashes Seamless USDC EURC Integration

05/07/2025

Rising MVRV and Derivatives Data Hint at Deeper Correction

05/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.