Circle Winds Down USDC on Noble, Cosmos Shifts to Injective-Issued USDC
- —New USDC minting on Noble ended October 13; redemptions run until the January 12, 2027 pause
- —CCTP V1 burn limits on Noble will shrink toward zero starting October 31
- —Noble will not receive CCTP V2; migration from USDC.n to USDC.inj opened September 11
- —USDC trades at $1.00 with a market cap near $72.59 billion
Why it matters: The largest stablecoin is exiting the Cosmos hub, and Noble holders must migrate before October 31 or face harder exits.
Source: Coinpaprika News