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Sep 11, 2026

Circle shuts down USDC on Noble, forcing Cosmos to migrate $92 million to Injective

Circle is discontinuing its USD Coin (USDC) stablecoin support on Noble, requiring the Cosmos ecosystem to migrate approximately $92 million in USDC to Injective before a January deadline.

Sep 11, 2026·1 source
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Top claims

  • ▪Legacy Cross-Chain Transfer Protocol burn limits on Noble will begin to decline on October 31, 2026, and reach zero in January 2027.
  • ▪Coinbase stopped USDC deposits and withdrawals on the Noble network on August 17, 2026, weeks before Circle announced the wind-down.
  • ▪The migration of Cosmos' main digital dollar rail from Noble to Injective affects approximately $92 million of USDC.

Topics

StablecoinsStablecoin infrastructureBlockchain interoperabilityDeFi