Stablecoin infrastructure project Noble has announced plans to phase out its Cosmos SDK-based application chain in favor of launching an independent EVM Layer 1 network on March 18. The transition aims to expand stablecoin and forex-related applications. During the transition period, Noble will maintain existing assets and liquidity on the Cosmos chain, ensuring IBC connections remain unchanged. The long-term goal is to migrate major liquidity to the Noble EVM.
Noble to Transition from Cosmos SDK to EVM Layer 1 Network by March 18
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