Noble leaves Cosmos and launches its own EVM Layer 1

Noble, an appchain focused on stablecoins and real-world asset transfer within the Cosmos ecosystem, announces it will migrate its blockchain built on Cosmos SDK to an independent EVM Layer 1. According to founder Jelena Djuric, Cosmos has played a successful role in the initial phase, but EVM provides a higher-performance platform to make Noble a stablecoin and foreign exchange infrastructure for developers, rather than just a standalone application.

Noble EVM is expected to launch on 3/18, while the Cosmos-based chain will still be supported in the short term. Previously, Noble served as an intermediary for asset issuers such as Circle, Hashnote, and Ondo Finance, handling over $22 billion in transaction volume across approximately 50 chains since 2023.

In the next phase, Noble aims to expand into end-user stablecoin applications, including DeFi, payments, privacy, and foreign exchange trading. The Noble USDN stablecoin yield will be the focus on the new EVM, along with DeFi protocols for USD–EUR swaps, FX perpetuals, and asset issuance. Despite switching to EVM, Noble affirms that IBC connections with the Cosmos ecosystem will be maintained, initially to ensure liquidity and assets coexist during the transition.