CandleFocus Cosmos-Based Noble Is The First To Launch Its Own Stablecoin Using Crypto Dollar Infrastructure From Startup M^0
2024-12-06
Author: Content Editor
The Noble blockchain has become the first to launch a dollar-denominated token, USDN, using decentralized stablecoin infrastructure provided by stablecoin startup M^0. M^0 aims to bridge the gap between permissioned stablecoin issuance and decentralized networks. The M^0 network, backed by firms including Bain Capital and Galaxy Ventures, offers turnkey solutions for launching stablecoins. Noble, on the other hand, is an application-focused blockchain focused on facilitating the transfer of stablecoins between different blockchains via the Inter-Blockchain Communication protocol.
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