Noble, a stablecoin blockchain, has announced it’s moving from the Cosmos ecosystem to Ethereum, citing the necessity to access a greater tech stack and a broader developer community.
Noble announced on Tuesday that it’s going to migrate its Cosmos SDK-based blockchain to a standalone EVM (Ethereum Virtual Machine) Layer 1, scheduled to launch on March 18.
Noble is a enterprise capital-backed blockchain originally designed as a neutral liquidity hub for issuing stablecoins and tokenized real-world assets.
Due to its evolution right into a network that supports real end-user stablecoin applications and DeFi, the team saw the necessity to move from its original Cosmos roots to a high-performance, Ethereum-compatible L1, they explained.
Noble claims to have processed greater than $22 billion in transaction volume since 2023, has 30,000 monthly energetic users, and is the first liquidity layer for over 50 blockchains.
Better tech stack, developer access and scalability
The reason for switching to EVM is to access a greater tech stack and open source “commonware” using the Rust-based blockchain framework and the Reth Ethereum client, which offers superior performance, the team said.
They also said that they need EVMs to supply higher accessibility for users and developers since that’s where most crypto developers already work.
There are also scaling limitations within the Cosmos architecture that limit product development, they said.
Key features of the brand new chain include transaction finality of lower than 500 milliseconds, permissionless deployment of smart contracts, dedicated payment channels to prioritize real-world payment transactions, and a concentrate on its own native stablecoin.
New Noble blockchain architecture. Source: Noble
Crypto projects achieve Ethereum compatibility
The company has its own stablecoin, Noble Dollar (USDN), with a market cap of $36 million. According to CoinGecko, issuance peaked at $128 million in July 2025 but has since declined 72% to current levels.
The move highlights the growing trend of crypto projects using Ethereum as an infrastructure layer.
In April last yr, FIFA announced the migration of its NFT platform from Algorand to a brand new EVM-compatible chain. In June, the XRPL EVM sidechain officially launched on mainnet, Injective launched its EVM chain in November, while blockchains like Sei are considering greater EVM integration.
Ethereum is the present industry standard and dominant network for stablecoins and tokenized RWA. According to RWA.xyz, it has a 66% market share when Layer 2 and EVM chains are included.
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