Stablecoin Protocol Noble Abandons Cosmos Ecosystem to Move to EVM L1

BlockBeats News, January 21st, the Cosmos ecosystem stablecoin protocol Noble announced the launch of its EVM-based Layer 1, Noble EVM is expected to go live on March 18th, the brand new Noble EVM will be tailored specifically for stablecoin applications.

Noble is not the only Cosmos ecosystem project to undergo a transformation in recent months, for example, Sei plans to fully transition to only support an EVM chain in the upcoming upgrade, deprecating its CosmWasm and Cosmos native assets.