Noble Transitions to Standalone EVM Layer 1 for Stablecoin Infrastructure

Source: CryptoNewsNet Original Title: Noble ditches Cosmos for standalone EVM layer 1 Original Link:

Overview

Noble, a stablecoin appchain that facilitates real-world asset transfers and issuance on Cosmos-based chains, announced plans to launch a new standalone EVM Layer 1 blockchain, moving away from its previous Cosmos SDK framework.

The upcoming Noble EVM is scheduled to go live in the coming weeks, marking a symbolic break from its roots in the Cosmos ecosystem in favor of a fully independent, EVM‑compatible Layer 1 designed specifically for stablecoin and real‑world financial applications.

Strategic Rationale

This announcement sparked excitement in the crypto ecosystem, with many seeking to understand the motivation behind this transition.

Responding to questions, Noble founder Jelena Djuric stated: “Cosmos has been great for us over the past couple of years, but now it’s time for us to move forward. Transitioning to EVM will let us build a better product and provide a solid foundation for developers. We aim to become a stablecoin and foreign exchange infrastructure that others can build upon, rather than just being one app.”

Market Position and Track Record

Noble has cemented its position as the most popular stablecoin appchain, enabling several top real-world asset issuers — Circle, Hashnote, and Ondo Finance — who have been transferring their assets across various Cosmos-based chains for years.

Initially launched as a provider of interoperability and a neutral liquidity hub, the network quickly gained widespread adoption. Since 2023, the network has handled more than $22 billion in transaction volume across 50 chains.

Technical Implementation

The new EVM Layer 1 will focus on delivering stablecoin applications with advanced performance characteristics. According to the team: “The next step in Noble’s growth is to bring the fast and secure environment we’ve developed to the EVM. We aim for sub-second finality for real-world stablecoin applications. Noble will use the advanced Commonware stack along with a reliable Proof of Authority validator set focused on institutions in its upcoming EVM L1.”

USDN Integration

Noble’s Treasury-backed USDN stablecoin, built on a composable yield foundation that generates yields and launched in 2024, is set to play a key role in the new EVM chain’s development.

The USDN will be incorporated into a managed vault on the Noble EVM that uses a Pendle strategy to maximize income for depositors.

Future Development

Noble’s team has made public its intentions to introduce real end-user stablecoin applications, with active collaborations planned across DeFi, privacy, corporate, and payment use cases. The new chain will also receive backing from an innovative DeFi protocol designed to ease foreign exchange swaps between US dollar and euro stablecoins.