Noble Blockchain: Revolutionizing Real-World Assets
Blockchain platform, Noble, recently announced its latest expansion with the introduction of a new Ethereum-compatible rollup known as AppLayer. The new addition is designed to make it simpler for developers to create their own infrastructure and applications for real-world assets (RWA), including a digitally pegged stablecoin linked to traditional assets such as the U.S. dollar.
What is AppLayer?
Noble’s AppLayer is a cutting-edge solution that allows developers to build new financial tools optimized for RWAs. In simple terms, it offers a user-friendly platform to create advanced applications, taking blockchain capabilities to new heights.
It is expected to have a profound impact on the financial sector, providing previously unexplored opportunities for integrating tangible assets like stablecoins, digital assets whose value is connected to other assets, such as the U.S. dollar, into our digital ecosystem.
Connecting AppLayer to Celestia
The execution of AppLayer leverages the highly efficient Celestia, a data availability blockchain that targets a reduction in storage costs for data-demanding blockchain networks. Both Noble and Celestia are part of the Cosmos blockchain ecosystem. They are also compatible with the Ethereum Virtual Machine (EVM), which can interpret smart contracts from other Ethereum-related chains.
Launch Timeline
The Noble team announced that the Ethereum-compatible AppLayer rollout is set to occur in the third quarter of 2025.
Cross-Ecosystem Potential
Noble envisions unlocking its potential across different ecosystems as an increasing number of Ethereum Virtual Machine (EVM) applications look for dependable and smooth access to native stablecoin liquidity. According to the team, the new AppLayer will be seamlessly integrated with several established DeFi (decentralized finance) projects within the Ethereum system.
Recent Attention to Stablecoins
Stablecoins have garnered substantial attention over the past few weeks. With significant stablecoin legislation being prepared by the U.S. Congress, they have become a major point of discussion. Furthermore, various entities, including President Trump’s World-Liberty Financial, banking titan Fidelity, and the U.S. state of Wyoming, have revealed plans to launch their stablecoins.
Noble’s Journey So Far
Noble was launched in March 2023 as an application-specific blockchain, or appchain, specifically designed for stablecoin issuance within the Cosmos ecosystem. It initially aimed to broaden the liquidity Cosmos by enabling native asset issuance through the Inter-Blockchain Communication (IBC) protocol. This protocol is used by Cosmos-based blockchains to transfer assets and various forms of data.
Expanding Reach and New Developments
Noble has increased its influence beyond Cosmos over time, integrating with Ethereum and other ecosystems to facilitate swift stablecoin transfers. The blockchain platform also introduced USDN in March, a yield-bearing stablecoin backed by U.S. Treasury bills.
The Future Vision
The team has gained significant insight from their arduous two-year journey establishing a stablecoin issuance infrastructure. They’ve developed a deep appreciation for the transformative potential of stablecoins and their capability to onboard the world to crypto. The co-founder and CEO of Noble, Jelena Djuric, expressed her excitement at the release of the new AppLayer built on Celestia’s technology, which grants builders the freedom to craft highly scalable and reliable stablecoin-based applications.
