The Cosmos dollar is quietly moving to ethereum:0xe28b3b32b6c345a34ff64674606124dd5aceca30
Circle is ending USDC on Noble, the chain that served USDC to Cosmos, and the migration route leads to Injective
∟ Oct 13 : new USDC minting on Noble stopped
∟ Oct 31 : exit limits started shrinking
∟ Dec 1 : exits may be limited
∟ Jan 12 : Noble USDC gets paused
→ The clock is running for every Noble USDC holder 🥷
Where to go ?
∟ USDC.n swaps into USDC.inj, native USDC issued by Circle on Injective
∟ Routed by Skip:Go over IBC
∟ Live for dYdX, Osmosis, Cosmos Hub, Neutron, Terra, Initia and more
∟ About $80M in stablecoins still sitting on Noble
→ Injective USDC is now the standard for 20+ chains
→ Cosmos gets its dollars from Injective now
Still holding Noble USDC ? Did you migrate yet ? 👇