DeFi: Kava Labs Hard Money Market V2 to Add Support for More

DeFi: Kava Labs Hard Money Market V2 to Add Support for More Digital Assets, Stablecoins


DeFi: Kava Labs Hard Money Market V2 to Add Support for More Digital Assets, Stablecoins
Adam Turman, Developer Support Engineer at
Kava Labs, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that when
Hard Money Market V2 was introduced on April 8, 2021, Binance USD (BUSD) had been the only asset that was available for borrowing.
This was carried out as a special “safety measure” as the team carefully monitored the “effects” of this new functionality on this system “as a whole,” Turman explained.
And after more than a month of “successful” implementation of borrowing BUSD, Hard Money Market will be “enabling borrowing of additional assets,” the Kava team confirmed.

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