USDC – Native Cosmos issuance via Noble
USDC
Native Cosmos issuance via Noble
Circle's USD Stablecoin
USDC is a faster, safer, and more efficient way to send, spend, and exchange money around the globe. USDC powers apps to provide anytime access to payments and financial services.
USDC is always redeemable 1:1 for US dollars. USDC reserves are held in the management and custody of leading US financial institutions, including BlackRock and BNY Mellon.
Facts
- Issuer: Circle Internet Financial, LLC
- Total Issuance: $72,161,686,581
- Issuance on Noble: $115,974,194
- Visit website
Get USDC
Use Ethereum or an L2, or an exchange like Coinbase.
Send USDC to Noble
Direct withdraw from Coinbase or use Circle’s cross chain transfer protocol (CCTP)
Block Explorer
View USDC in the Interchain Economy
Interchain-native USDC
USDC issued on Noble is Circle’s canonical version of USDC within the Cosmos ecosystem. USDC issuance for IBC-enabled blockchains starts with Noble.
Tools & Apps
- Wallets
- Keplr Wallet The fast, simple, secure wallet that plugs you into any blockchains and apps wherever you go.](https://www.keplr.app/)
- Leap Wallet The Super Wallet for Web3. The simplest & safest way to send, swap, and stake your digital assets!](https://www.leapwallet.io/)
- Cypher Wallet Your all-in-one noncustodial wallet. Buy, sell, manage, bridge or stake crypto across 17+ blockchains](https://www.cypherwallet.io/)
- Cosmostation Wallet Non-custodial multi-chain extension wallet powered by Cosmostation, the interchain validator.](https://wallet.cosmostation.io/cosmos)
- Capsule Intelligent Multi-Chain SSO across Cosmos and EVM chains](https://usecapsule.com/)
- Sonar Wallet Your gateway to the decentralized economy](https://sonar.kujira.network/)
- Station Swap, stake, connect to apps, and explore the Cosmos with ease.](https://station.terra.money/)
FAQ
Is Noble USDC a native version of USDC?
Yes, Noble USDC is native to the Noble blockchain, which is part of the broader Cosmos/Interchain ecosystem. This provides a seamless and secure integration for users, with no need for custodial bridging from other networks. Native USDC minting and redemption is done exclusively via Noble.What fees do I have to pay?
Gas fees in Cosmos are generally very low. On average, internal Noble chain transfers cost approx. 1 cent. There are no fees for IBC transfers to and from Noble. Importantly, fees are paid in USDC - there is no "gas token" requirement as on other blockchains, unlocking a huge UX advantage.Can Noble USDC be swapped across blockchains?
Yes, transfers between IBC-enabled blockchains work seamlessly. For other blockchain networks, like Ethereum, Arbitrum, Base & Avalanche, Noble USDC can be easily transferred non-custodially via Circle's Cross-Chain Transfer Protocol (CCTP). This allows users to natively mint USDC across any CCTP-compatible blockchain.If I transfer Noble USDC via IBC, do I hold IBC-transferred USDC?
Yes, when USDC is transferred from Noble to another appchain via IBC, it becomes IBC-transferred USDC on that appchain. Noble uses packet-forwarding technology to ensure a consistent route for USDC among different IBC paths to/from Noble.How does the Cosmos ecosystem benefit from Noble USDC?
Noble USDC offers a fully reserved, dollar-backed stablecoin within the Cosmos ecosystem. Its integration allows for easy and secure transfers between appchains and removes the need for custodial bridging from other ecosystems, enhancing the utility and efficiency of transactions within the interchain.What is the difference between bridged USDC and native USDC?
Bridged USDC requires an additional trust assumption related to the custody by a third party validator set. Native USDC eliminates that additional custodial trust assumption, provides direct mint and redemption functionality via Noble and seamlessly integrates IBC.