According to an online article by the Noble software development team, USDC will soon be given in the cosmic ecosystem according to the Noble Network. USDC Issuer Circle shared this post on Twitter.
Circle and Noble also did not know the actual date when USDC would be posted online, but both said readers should "continue to follow."
The Noble elite team said in a statement that USDC will be the first local stable loan currency supported by Fiat cars with high liquidity and complete collateral on the Cosmic Block Interchain Communication Protocol connection network. It seems that the introduction of Fiat car support stablecoin will address many of the challenges that Cosmos customers now face when trying to connect assets from one network to another, explaining:
Such integration will also catalyze Cosmos's liquidity of hundreds of millions of dollars over many months and will seek to correct the difficulties faced by consumers and AppChain in interacting with bridging assets from other ecosystems. [.] Each blockchain needs a standardized and replaceable USDC version number, and the emergence of Noble can meet this important requirement.
Related to:MasterCard to settle sales for USDC in Asia
According to the official website of Cosmos, Cosmos is a postal block chain network interconnection network using Tendermint Byzantine fault-tolerant consensus agreement, block chain Jack and Cosmos software development kit. This network is connected under the Block Interchain Communication Protocol (IBC), allowing it to move assets between networks in all cosmic ecosystems.
According to Mintscan, Noble is one of more than 50 networks in the Cosmos IBC ecosystem.
In January of this year, the injection agreement launched a $150 million stock fund to promote consumer choice of the cosmic ecosystem. It has received strong support from Kraken Ventures, Pantera Capital, Jump Crypto and other companies known for investing in new blockchain projects. In February of this year, the Universe Transmission chain Charitable Foundation allocated another $40 million to develop critical infrastructure applications for designing ecosystems.
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Tue, 18 Apr 2023