Stablecoin project Noble announced it will migrate from the Cosmos ecosystem to an independent EVM network.

Mars Finance reports that Noble, a Cosmos application chain focused on stablecoins, has announced its migration from the Cosmos ecosystem to an independent EVM Layer 1 network, scheduled to launch on March 18th. Noble stated that this move aims to leverage the Commonware technology stack written in Rust and the Reth Ethereum client to improve performance and gain broader support from AI and crypto developers. Since 2023, Noble has processed over 22 billion token transactions and boasts 30,000 monthly active users. Its native stablecoin, Noble Dollar (USDN), will become a core feature of the new EVM chain, supporting the distribution of rewards to users. During the transition, the team will continue to support Cosmos-based blockchains, ensuring existing IBC connections remain unaffected, with the ultimate goal of migrating all liquidity to the Noble EVM.