88% of stablecoins on Kava are natively issued as USDT, directly minted by Tether at the protocol layer. These are neither cross-chain transferred assets nor wrapped assets, and the entire process involves no third-party custody. With unified liquidity across the network's EVM and IBC environments, this means Kava is building a full-chain system—including the soon-to-be-launched tokenized financial products—where the settlement layer fundamentally avoids the cross-chain bridge attack risks that have drawn industry attention multiple times this year.