There's a new project on Kaito. I'll be producing content for @noble_xyz. They've raised $18.3 million in funding. They also have strong investors like Circle. The network is based on the Cosmos ecosystem, allowing a stable token or other tokens issued on Noble to be transferred to other chains. They aim to make this system work on the RWA side as well. Their partnership with Circle is crucial. Thanks to Noble, Circle has brought USDC into the Cosmos ecosystem, and Noble has connected the Cosmos side to networks like ETH and SOL thanks to Circle's CCTP support. CCTP is a native mint/burn protocol that works like a bridge. Instead of transferring the token across a bridge, it burns it on one chain and re mints it on the other. Noble has its own stablecoin, $USDN. USDN is used for lending/borrowing, staking, and yield-earning transactions on Noble and other Cosmos chains. All transactions are currently in the trial and integration stages. They also have opportunities within their own ecosystem, and they're currently in their second season. They will distribute 5% of the $NOBLE token supply to early adopters who earn points by staking USDN within their ecosystem. The investment and investors are strong. It appears to be a project that values ​​its community. For these reasons, I will continue to produce content about Noble. If you do, I will certainly continue to support everyone I see.
@noble_xyz a large amount of funding seems to be good things happening here
@noble_xyz Perhaps coincidentally, just an hour after I tweeted, @noble_xyz's Mindshare ratio increased by 0.22.πŸ˜‰ While I'll be using the IBC and CCTP protocols for classic tokens, I'll also be examining their plans for RWA.
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