The stablecoin project Noble announced that it will migrate from the Cosmos ecosystem to an independent EVM network

The Cosmos application chain Noble, focused on stablecoins, announced its migration from the Cosmos ecosystem to an independent EVM Layer 1 network, planned to launch on March 18. Noble stated that this move aims to leverage the Commonware tech stack written in Rust and the Reth Ethereum client to enhance performance and gain broader support from AI and crypto developers.

Since 2023, Noble has processed over 22 billion token transactions, with 30,000 monthly active users. Its native stablecoin, Noble Dollar (USDN), will become a core feature of the new EVM chain, supporting profit distribution to users. During the transition period, the team will continue to support Cosmos-based blockchains, ensuring that existing IBC connections remain unaffected, with the ultimate goal of migrating all liquidity to Noble EVM.