DAI, MKR, REP and other ERC-20 tokens can now be sent, received by interledger nodes via Kava Labs’ new plugin

Kava Labs has announced the release of their new plugin that will allow the transaction of ERC-20 tokens, as well as other cryptocurrencies between interledger nodes. The post stated, “In Interledger, peers can choose how much credit they’re willing to extend, and how often they settle. This can scale from large credit limits to counterparty risk of merely a few cents.” In addition to MKR, DAI, REP, cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], XRP can also be transacted between the interledger nodes. This addition expands the support for massive and diverse coins and according to the post, the interledger now connects more assets than “Ethereum-based DEXs or the Bitcoin Lightning Network alone.” Stefan Thomas, Founder and CEO of Coil, Co-creator of the Int...