Monerium was founded in 2015 to provide on-chain fiat as infrastructure for Web3 builders. Besides EURe, it also issues GBPe and USDe, the first EU-authorized on-chain sterling and dollar, respectively.
Meanwhile, Noble is a blockchain for integrating and transferring native assets to sovereign blockchains, enabling a seamless flow of stablecoins and other real-world assets (RWAs) between ecosystems.
It’s the native asset issuer of USDC, USDY, and USYC for the Cosmos ecosystem.
Noble built a module that lets CEX users withdraw USDC to any IBC-enabled chain in 1 click.
When supported by CEXs, it will power fast + seamless USDC flow from accounts on CEXs like @binance, @okx , @krakenfx, or @kucoincom to ANY of the 118 chains in the interchain. 🏎️ https://t.co/cDkHurcp8L
— IBC (@IBCProtocol) September 13, 2024
The team said that, since its launch in September 2023, Noble recorded over $280 million in total assets issued and over $3 billion in IBC transfer volume.
Jelena Djuric, founder of Noble, commented that “a Noble-powered ecosystem starts with developers seamlessly tapping into deep stablecoin and RWA liquidity to build the next generation of applications, from payments to DeFi and beyond.”
Djuric argued that EURe’s native Noble integration will enable a variety of novel use cases, given that users’ wallets are their bank accounts.
She also indicated that the two partners will collaborate “on other fiat-backed assets and the prospect of bringing such seamless UX [user experience] to other jurisdictions.”
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