This integration unlocks ~90 million (at the time of writing) Tether USDt natively issued on Kava to the Cosmos ecosystem and provides access to Kava and Cosmos DeFi giving users a more cost efficient and secure cross-chain transaction experience.
There are two steps to get USDt from MetaMask on Ethereum Mainnet, to any Cosmos IBC-enabled appchain. Depending on your goals, you can now use native USDt on the Kava or Cosmos DeFi ecosystems.
Here is a breakdown of each step:
Step 1: Get USDt off Ethereum Mainnet and onto Kava EVM
Connect your MetaMask wallet and select the originating network: Ethereum Mainnet (or any other supported network) where your USDt balance is.
Go to the Kava dApp and connect your MetaMask wallet: https://app.kava.io/ (MetaMask will auto-poplate and switch to the Kava EVM Co-Chain)
2. Transfer USDt to Kava EVM Co-Chain
Ensure you have enough ETH in your Ethereum Mainnet wallet to cover any gas on destination chain’ or other network-specific fees
Select USDt in the Transfer From dropdown and choose the originating network and Transfer To Kava EVM as the destination Network
Input the total amount of USDt you want to bridge
Review fees and adjust slippage — the price change you're willing to accept during the transfer — default is 0.5%
Click ‘transfer’ and confirm the transaction in Metamask
Confirmation may take time depending on network congestion and other factors.
Once complete, you will get a confirmation notification from Stargate Finance
Switch the network in MetaMask to Kava Co-Chain to verify the bridged USDt tokens have been received
Now that your USDt is on Kava Chain EVM you can use it in any of the Kava ecosystem dApps including Kinetix, Equilibre, Mare, Curve, and Sushiswap. Or, if your ultimate goal is to use your USDt in the Cosmos ecosystem, you can continue with Step 2 to the Cosmos ecosystem.
Step 2: Get USDt onto any IBC-enabled Cosmos appchain