XRP/KAVA/COSMOS & Decentralized Financing

Published: May 24, 2019, 12:20 p.m.

b'Kava Labs is developing a stablecoin, USDX, backed by XRP on a Cosmos Zone, which dynamically maintains stability to USD with decentralized mechanisms. Moreover, USDX has a native token, XRS, which is used by validators to vote on blocks and participate in governance.'