Circle has announced the launch of Native USDC on Noble, providing developers and users access to this asset through Noble Account and Noble APIs. Noble USDC can now be utilized and exchanged via the IBC Protocol, facilitating digital asset exchange across various Cosmos appchains.

This development benefits a wide range of users, including institutional traders, digital wallets, developers, and exchange platforms, who can access and exchange the token through IBC using a Circle Account and Circle API. This interoperability extends beyond individual appchains, encompassing all appchains, regardless of their characteristics.

Immediate advantages for users include low-cost global payments executed in near real-time, round-the-clock availability of major functionalities, and the ability to hold digital savings in US Dollars, backed by the stability of fiat currency.

The concept of holding Noble USDC essentially means holding US dollars in a Circle Account, akin to traditional banking systems. This transition towards digital tokens and the adoption of Web3 by companies like Circle is contingent upon user-friendly and secure experiences.

Notably, users do not require traditional banking accounts to hold USDC, and appchains such as Injective and Osmosis now support their mechanisms round the clock, offering features like borrowing and lending at users' convenience, all powered by Cosmos appchains.

The introduction of Native USDC on Noble is part of a broader trend, with recent availability on NEAR and Base as well, aiming to enhance liquidity and replace existing bridged USDC liquidity. This move aligns with Base's low-cost model, designed to onboard millions of users to Web3.