XRP/KAVA/COSMOS & Decentralized Financing
May 24, 2019•10 min
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Episode description
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.
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