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Circle Brings USDC Stablecoin to Cosmos, Launches on Noble.xyz Soon

Cointime Official

Circle, the issuer of stablecoin USDC(USD Coin), has announced that it will be bringing USDC to Cosmos. The move is expected to increase the utility and accessibility of USDC, a stablecoin pegged to the U.S. dollar, for users in the Cosmos ecosystem. 

Circle also reveals that USDC is expected to launch on generic asset issuance chain noble.xyz soon.

"This integration will catalyze hundreds of millions of dollars in liquidity over the coming months in Cosmos, and will seek to rectify the challenges that users and appchains face when interacting with bridged assets sourced from other ecosystems. " Nobel said in the announcement.

"Yet, native USDC issuance is just the beginning for Noble. In the future, we see Noble as the gateway for all digital assets coming into the IBC ecosystem. These assets can include stablecoins and any other on-chain digital representation of real-world value." Nobel added.

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