ChainCatcher news, according to The Block, fintech company Monerium has launched EURe on the Noble blockchain, marking it as the first euro-backed stablecoin to be introduced in the Cosmos ecosystem.It is reported that Noble is a network specifically designed for issuing and transferring stablecoins and other real-world assets on sovereign blockchains.

ChainCatcher news reports that the blockchain security company Asymmetric Research has disclosed a critical vulnerability in Circle's Noble-CCTP (a component of the USDC cross-chain transfer protocol) found on the Cosmos network, and has privately notified Circle. The vulnerability has been promptly fixed, with no loss of user funds or malicious attacks occurring.The security company discovered that malicious actors could bypass the sender verification process of the cross-chain transfer protocol and forge USDC on the Noble bridge. More specifically, the "ReceiveMessage" handler of Noble-CCTP accepts "BurnMessages" from any sender without first verifying that the bridging message was sent from the validated "TokenMessenger" address on the original chain.However, although the vulnerability initially appeared to be an infinite minting flaw, the actual impact is limited due to Noble's minting cap of approximately 35 million USDC.

ChainCatcher news, Noble and Ondo have collaborated to launch the first native yield stablecoin USDY on Cosmos. USDY is a tokenized note backed by short-term U.S. Treasury bonds and U.S. bank demand deposits. It is reported that several other DeFi projects will also utilize USDY, including Injective, Osmosis, Kujira, and Pyth.

ChainCatcher news, the Cosmos ecosystem chain Neutron tweeted that Neutron is transitioning to the native Noble USDC standard, rather than the USDC.axl which carries cross-chain bridge risks. Neutron Lockdrop participants can migrate their old USDC.axl/NTRN LP positions to the new USDC/NTRN pool.

ChainCatcher message, according to the Circle Status page, as part of the maintenance upgrade of CCTP on Noble, Circle has temporarily halted the minting of USDC on Noble through Circle's Cross-Chain Transfer Protocol (CCTP).

ChainCatcher news, according to CoinDesk, the real-world asset (RWA) tokenization platform Ondo Finance has announced a partnership with the asset issuance chain Noble to bring its tokenized U.S. Treasury product into the Cosmos ecosystem.It is reported that Ondo's first asset to be issued natively through Noble will be USDY, a tokenized note backed by short-term U.S. Treasuries, with an annual yield of 5.2%, aiming for the end of the second quarter this year.In addition, USDY is currently available on Ethereum, Solana, Mantle, and Sui.

ChainCatcher news, according to The Block, Frax Finance is collaborating with Noble to bring the Frax stablecoin into the Cosmos ecosystem.It is reported that the initial issuance of Frax on Noble will include the Frax token, a decentralized stablecoin that combines collateral and algorithmic mechanisms to achieve peg stability; and sFrax, which is the staked version of Frax designed to provide yield.

ChainCatcher news, according to The Block, the Cosmos ecosystem application chain Noble has partnered with asset management company Hashnote to introduce tokenized RWA products in the Cosmos ecosystem. The first product of the collaboration is USYC, which is a short-term yield fund product from Hashnote that includes short-term securities such as U.S. Treasury bonds. USYC will be issued as a token on the Noble blockchain, providing investors with investment opportunities in short-term securities, including U.S. Treasury bonds.It is reported that Noble is the native asset issuer of Circle's USDC stablecoin in the Cosmos ecosystem, while Hashnote is an asset management company supported by investors such as DRW Holdings and Cumberland, offering management strategies for cryptocurrencies and real-world assets. Noble aims to enter the rapidly developing real-world asset (RWA) market in the Cosmos ecosystem, which is still in its early stages, by launching USYC. According to Dune data, the value of tokenized securities has grown rapidly over the past year, with a market size estimated to exceed $500 million.The Cosmos ecosystem includes over 80 application-specific blockchains, such as Cosmos Hub, Osmosis, Injective, and Noble, with a total market capitalization exceeding $45 billion. These blockchains can interact with each other using the Inter-Blockchain Communication (IBC) protocol. USYC, as the first cross-chain real-world asset on Cosmos, is expected to be widely used in various DeFi applications within the Cosmos ecosystem, including as collateral.Noble's CEO and co-founder Jelena Djuric stated, "This initiative will showcase the power of the IBC protocol in enabling interoperability for real-world assets locally."

ChainCatcher news, Circle tweeted that the Cross-Chain Transfer Protocol (CCTP) has launched on the Cosmos ecosystem application chain Noble mainnet. Cosmos application chains can combine CCTP with IBC functionality, allowing Ethereum and other supported network users to access the Cosmos ecosystem. The combination of CCTP and IBC will embody programmatic, 1:1 cross-chain transfers and zero slippage functionality.CCTP can now transfer USDC between Arbitrum, Avalanche, Base, Ethereum, Noble, and Optimism through 30 different paths, without the need to lock liquidity or add trust assumptions. Any Cosmos application chain can integrate CCTP and IBC for seamless USDC transfers and user logins from external ecosystems. Developers can also build mainstream user experiences.

ChainCatcher news, the Circle Cross-Chain Transfer Protocol (CCTP) will be launched on November 28 on the Cosmos ecosystem application chain Noble, allowing users to migrate USDC between blockchains in a single transaction. Users on any blockchain that supports CCTP can transfer assets to Noble.

ChainCatcher news, the Cosmos ecosystem application chain Noble announced the completion of a $3 million seed round financing, led by Polychain Capital, with participants including Circle Ventures, Borderless Capital, Wintermute Ventures, Hustle Fund, CMCC Global, and Interop. Noble is collaborating with Circle to bring native USDC to the Cosmos and the inter-blockchain communication protocol IBC ecosystem.

ChainCatcher news, Circle has launched native USDC on Cosmos through Noble, and it can be cross-chain transferred to application chains in the Cosmos ecosystem via Cosmos's IBC protocol. This stablecoin can always be redeemed 1:1 for US dollars and has institutional deposit and withdrawal channels.

ChainCatcher news, Circle will issue native USDC on Cosmos through Noble, which is a stablecoin that can always be exchanged 1:1 for US dollars and has institutional deposit and withdrawal channels.

ChainCatcher news, cross-chain bridge provider TOKI will collaborate with the stablecoin issuance platform Progmat launched by Mitsubishi UFJ Trust Bank (MUFG) and the token issuance protocol Noble to bring fully collateralized Japanese stablecoins into the Cosmos ecosystem.According to Japan's stablecoin law, these stablecoins will be pegged to the yen or other fiat currencies, with an expected launch in early 2024. TOKI and Noble are working with Progmat to realize the vision of Japanese stablecoins, with plans for eventual cross-chain swaps with stablecoins on Ethereum and for cross-chain lending. (Source link)

ChainCatcher news, the Cosmos ecosystem application chain Noble announced the introduction of native USDC to the modular blockchain Celestia, providing Celestia with direct access to native stablecoins and other crypto assets.Additionally, Noble will guide stablecoin liquidity for the Sovereign Rollup on Celestia. Sovereign Rollup developers will have direct access to and can use USDC and other stablecoins to pay for Gas and on-chain transactions, and will be able to launch a new application on a dedicated blockchain, minting USDC on Noble. (Source link)

ChainCatcher news, according to Blockworks, the Cosmos ecosystem token protocol Noble will launch its mainnet on Monday. Noble CEO Jelena Djuric stated that the platform has undergone six months of development, built using the Cosmos Software Development Kit (SDK), aimed at helping issuers manage their tokens: burning, minting, blacklisting, and other features to help deepen liquidity across the Cosmos DeFi space. Djuric said, "In a sense, Noble hopes to stimulate token issuance by becoming their token factory to attract liquidity from other Layer 1 ecosystems, and aims to facilitate the issuance of native assets by collaborating with protocols and institutions." (source link)