Noble Stablecoin Blockchain Migrates to Ethereum for Better Tech and Broader Developer Community
Noble, a prominent stablecoin blockchain, has announced its decision to migrate from the Cosmos ecosystem to Ethereum, citing the need for a more advanced tech stack and access to a larger developer community. This move is expected to enhance the platform’s performance, scalability, and overall user experience.
Noble, a venture capital-backed blockchain, was originally designed as a neutral liquidity hub for issuing stablecoins and tokenized real-world assets. However, as the platform evolved to support real-end user stablecoin applications and DeFi, the team recognized the need for a high-performance, Ethereum-compatible Layer 1 blockchain. The migration is scheduled to take place on March 18, with the launch of a standalone EVM (Ethereum Virtual Machine) Layer 1.
Better Tech Stack, Developer Access, and Scalability
The primary reason for Noble’s migration to EVM is to leverage a better tech stack, utilizing the Rust-based blockchain framework and the Reth Ethereum client, which offers superior performance. Additionally, the team aims to provide better accessibility for users and developers, as most crypto developers already work with EVMs. The current Cosmos architecture has scaling limitations that hinder product development, making the migration to Ethereum a necessary step for Noble’s growth.
Key features of the new chain include transaction finality of less than 500 milliseconds, permissionless deployment of smart contracts, dedicated payment channels to prioritize real-world payment transactions, and a focus on its native stablecoin, Noble Dollar (USDN). With a market cap of $36 million, USDN has experienced a decline in value since its peak in July 2025, but the migration to Ethereum is expected to revitalize the platform.
Crypto Projects Achieve Ethereum Compatibility
Noble’s migration to Ethereum highlights the growing trend of crypto projects adopting Ethereum as an infrastructure layer. Recently, FIFA announced the migration of its NFT platform from Algorand to a new EVM-compatible chain, while the XRPL EVM sidechain officially launched on mainnet, and Injective launched its EVM chain in November. Ethereum has become the industry standard and dominant network for stablecoins and tokenized RWA, with a 66% market share when Layer 2 and EVM chains are included.
According to Noble, the platform has processed over $22 billion in transaction volume since 2023, with 30,000 monthly active users, and serves as the primary liquidity layer for over 50 blockchains. The migration to Ethereum is expected to further enhance the platform’s capabilities and increase its user base. For more information on Noble’s migration and the growing trend of crypto projects adopting Ethereum, visit Cointelegraph.
