Cosmos' Interchain embraces this token's issuance through KAVA

Kava blockchain will facilitate USDT's launch on interchain. 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.

Timeline of Cosmos, Kava

Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country's largest banks have joined forces to bring stablecoins to the Cosmos ecosystem.

TOKI, a cross-chain bridge provider and partner of Progmat, will be working with Noble, a token issuance protocol, to bring fully collateralized Japanese stablecoins to the Cosmos ecosystem.

The rejection from $10 for Cosmos combined with Bitcoin's reluctance to climb back above $30.8k suggested that bulls could lose their grip on the market upon a price drop below $9.1.

Based on the latest data, we see that crypto Cosmos (ATOM) is trying to recover the psychological level of $10. However, some fundamental and technical indicators are not aligned, raising doubts about its ability to break above $10 in the short term.

Monero continued to climb during Monday's session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process.

Neutron, launched as a cutting-edge interchain technology, is envisioning to grow within the Cosmos ecosystem. In May, Neutron underwent an on-chain vote in favor of its launch on the Cosmos network.

Agoric, a blockchain network built on Cosmos, aims to empower developers in building DeFi applications using JavaScript. As part of its continuing development, the network is launching a minting application built on top of the Inter Protocol called Vaults.

A widely followed crypto trader thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for moves to the upside. The pseudonymous analyst Rekt Capital tells his 347,200 Twitter followers that the peer-to-peer payments network Litecoin is setting itself up for a new price phase.

CosmosHub (ATOM) and Polkadot (DOT) are two blockchain protocols that have recently witnessed a surge in development activity. While their market caps and visions differ, the competition between these protocols is heating up as they strive to emerge as dominant forces in the blockchain landscape.

Binance Labs and CoinFund, prominent venture capital companies, have joined forces in a groundbreaking $10 million initial investment round to foster the development of the Neutron smart contract blockchain within the dynamic Cosmos ecosystem.