The Kava Network announced via a blog post on Monday that cryptocurrency exchange Binance has supported Kava’s Ethereum Virtual Machine (EVM). Kava added that the Binance user base benefits from the integration by gaining easily accessible and secure exposure to USDT, WBTC, and KAVA, as well as exposure to Kava-native products on Binance.
The Binance and Kava EVM integration is poised to unlock unprecedented levels of USDT and WBTC Liquidity between the EVM and Cosmos networks, the team concluded.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by 6% in the last 24 hours and is trading at $0.8481 at press time.