Noble shifts from Cosmos to launch standalone EVM chain

Grafa
Noble shifts from Cosmos to launch standalone EVM chain
Noble shifts from Cosmos to launch standalone EVM chain
Bloomberg
Written by Bloomberg
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Noble said it will migrate from the Cosmos ecosystem to a standalone Ethereum Virtual Machine layer-1 blockchain, targeting a March 18 launch.

The project said the move is aimed at improving developer access, scalability and performance for stablecoin-focused applications.

Noble said it has evolved from a neutral liquidity hub into a network supporting real-world stablecoin use cases and decentralised finance.

The team said Ethereum compatibility offers a broader developer community and a stronger open-source technology stack.

Noble said its new chain will use a Rust-based framework and the Reth Ethereum client to improve throughput and efficiency.

The blockchain will feature sub-500 millisecond transaction finality and permissionless smart contract deployment.

Noble said dedicated payment lanes will prioritise real-world payment transactions on the network.

The company said it has processed more than $22 billion in transactions since 2023 and serves as a liquidity layer for over 50 blockchains.

The migration reflects a wider industry trend of projects adopting Ethereum-compatible infrastructure.

At the time of reporting, Ethereum price was $2,988.09.

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