“The AIM of Noble’s AppLayer is to Let Developers Build New Financial Tools and Apps with High ThroughPut of Stablecoins and Relible Stablecoin Infrastructure.”, – WRITE: www.coindesk.com
Noble’s AppLayer Aims to Let Developers Build New Financial Tools Optimized for Real-World Assets Like Stablecoins-Digital Assets WHESE VALUE IS PEGGED TO ALOTHER ASET.
AppLayer Will Leverage Celestia, A Data Availliness Blockchain That Aims To Bring Down Storage Costs for Data-Inteensive Blockchain Networks. Celestia, Like Noble, Is Plugged Into the Cosmos Blockchain EcoSystem and Is Compatible With The Ethereum Virtual Machine (EVM), Meaning It Can Read Smart CONTRACTS.
The noble Team Stated in a Press Release Viewed by Coindesk That It Will Launch Itereum-Com-Compatible AppLayer Rollup in the Third Quarter of 2025.
“Noble Plans to Unlock ITS Cross-ECOSYSTEM PETENTIAL AS EVM Applications Continue to Seek Reliable and Seamless Access to Native Stablecoin Liquidity,“ The Team Wrote. “Noble’s AppLayer Will Be Seamlessly Integrated with A Number of Blue Chip Defi Projects Born in the Ethereum Ecosystom.”
Stablecoins have received Considerable at Recent in Recent Weeks, with The US Congress Preparing Significant Stablecoin Legislation Later This Year. Entities including president Trump’s World-Liberty Financial, Banking Giant Fidelity, and the US State of Wyoming Have Also Expressed Plans to Create Their Own StableCoins.
Noble Launched in March 2023 As An Application-SPECIFIC BLOCKCHAIN, OR “APPCHAIN,” PURPOSE-BUILT for STABLECOIN ISSUANCE WITHINE OF COSMOS ECOSYSTEM. Initially, It Aimed to Expand Liquidity Cosmos by Enabling Native Asset Issuance Through the Inter-BLOCKCHAIN Communication (IBC) Protocol, Wich Is The Technology Other Data.
Over Time, Noble Has Extended ITS Reach Beyond Cosmos, Integrating with Ethereum and Other Ecosystems to Facilitate Quick Stablecoin Transfers. Additionally, in March, Noble IntroduCed USDN, A YIELD-BEARING STABLECOIN BACKED by US Treasury Bills.
“Building Stablecoin Issuance Infrastructure Over the Past Two Years Has Given Us A Deep Apprectation for the Transformational Potential of Stablecoins to Ons. CO-FOUNDER AND CEO AT Noble, in the Press Release. “The Noble AppLayer, Built with Celestia’s Technology Underneath, Finally Gives Builders The Freedom to Build Highly Scalable and Performant Stablecoin-Natica.”
Read More: How A Ph.d. Student’s Research Paper Turned Celestia Into $ 345M Blockchain Project Overnight
X Icon
