As per the blog post from the Noble development team, USD Coin (USDC) is set to be introduced to the Cosmos ecosystem via the Noble network. The introduction of USDC, a native, fiat-backed stablecoin, is expected to provide a solution to the challenges that Cosmos users face when attempting to bridge assets from one network to another. The exact date for the launch of USDC on the network has not been specified by Circle or Noble, but both have encouraged readers to stay tuned for updates.
The Noble team believes that this integration will catalyze liquidity and help bridge the gaps between different ecosystems. Cosmos is a network of interconnected blockchain networks that use a consensus protocol, application blockchain interface, and Cosmos Software Development Kit to move assets between networks within the overall ecosystem. The Noble network is one of over 50 networks in the Cosmos IBC ecosystem.
