On June 30th, according to an official announcement, Bitfinex announced that customers will be able to use the Kava transport layer to deposit and withdraw USDT on the Bitfinex platform. This move aims to provide Bitfinex customers with greater accessibility and flexibility in managing USDT. Bitfinex will support USDT deposits and withdrawals on the Kava blockchain on July 3, 2023, at which point Bitfinex will expand its support for USDT deposits and withdrawals to a total of 15 blockchains.
Prior to the news on June 21, Tether announced that it would launch native USDT on the Kava network.
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