Injective Becomes Hub for Over $100M in Stablecoin Liquidity

Circle is upgrading its USDC stablecoin on the Injective blockchain, bringing over $100 million in liquidity to the network. As part of this change, Noble USDC will be deprecated and holders must migrate their balances to the new standard, which is now the canonical representation across more than 20 blockchains.

The migration is expected to increase trading, lending, and derivatives activity on Injective by providing a larger settlement base for traders and builders. Users can follow official instructions to move their Noble USDC balances before the old representation is retired.