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Simplex Tie-Up With Kava Brings Fiat Directly to Defi

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility and Participation As decentralized finance (defi) regains its footing following the May decline in total-value-locked (TVL) which mirrored the broader selloff in cryptocurrencies, the race is on to improve the overall approachability of this nascent space. This has led to a flood of investor funds entering the space to support…

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