Circle has confirmed it will end support for USD Coin (USDC) and Cross-Chain Transfer Protocol V1 on Noble, setting a phased shutdown that gives the Cosmos ecosystem until January 12, 2027 to migrate an estimated $92 million in USDC off the appchain. Noble currently holds about $102.2 million in stablecoins, with USDC accounting for more than 90% of the total. The announcement follows Coinbase's earlier decision to stop Noble USDC deposits and withdrawals on August 17.
Under Circle's timeline, normal Circle Mint operations on Noble continue through October 12, 2026. New USDC minting ends on October 13, while redemptions remain available until January 12, 2027. Legacy CCTP V1 burn limits will begin declining toward zero on October 31, and after December 1 Noble users may only be able to send CCTP transfers to networks that still accept legacy V1 burns. All Noble CCTP routes and the USDC contract are scheduled to pause on January 12, with a final snapshot of remaining balances and manual redemptions beginning January 13 via Circle's Help Center. Manual redemption requires holders to control the wallet, pass compliance checks, and have a balance recorded in the snapshot; funds left in liquidity pools or smart contracts will not qualify.
Cosmos Labs is coordinating the ecosystem response by directing users to Injective, where Circle already issues native USDC. Beginning September 11, holders can migrate Noble-based USDC (USDC.n) into Injective-issued USDC (USDC.inj) through Skip:Go. The first migration flow covers dYdX, Osmosis, Cosmos Hub, Terra 2.0, Neutron, ZIGChain, XPLA, and Initia. Osmosis and other decentralized exchanges are already preparing USDC.inj markets, while developers are being asked to update wallets, explorers, and integrations. Noble will not receive CCTP V2, Circle's next-generation cross-chain protocol with faster finality and stronger security; Circle did not provide a technical or commercial reason for the exclusion. Noble had served as Cosmos' canonical USDC issuance point, processing more than $22 billion in volume since 2023 and acting as a primary liquidity layer for over 50 blockchains.
