Noble's New 'AppLayer' Lets Developers Build Stablecoin Tools on Celestia

Noble's New 'AppLayer' Gives Developers the Power to Build Stablecoin Tools on the Celestia Platform

The main goal of Noble's AppLayer is to provide developers with the ability to create new financial instruments and applications that have high throughput for stablecoins and a reliable infrastructure.

By Margot Neickerk | Edited by Sam Kessler April 16, 2025, 3:00 AM

Collapsed packets do not provide security to Ethereum. (Luigi Pozzoli/Unsplash)

Noble, a blockchain platform for issuing real-world assets (RWAs) and stablecoins, announced on Wednesday that it is expanding its platform with the introduction of “AppLayer,” an Ethereum-compatible package that allows developers to build their own RWA applications and infrastructure.

Noble's AppLayer is designed to enable developers to create new financial instruments tailored to real-world assets such as stablecoins – digital assets whose value is pegged to other assets such as the US dollar.

AppLayer will use Celestia, a data storage blockchain that aims to reduce storage costs for data-intensive blockchain networks. Celestia, like Noble, is integrated into the Cosmos blockchain ecosystem and is compatible with the Ethereum Virtual Machine (EVM), allowing it to read smart contracts from other Ethereum-based chains.

The Noble team said in a press release seen by CoinDesk that it plans to launch an Ethereum-compatible AppLayer in Q3 2025.

“Noble aims to unlock its cross-ecosystem potential as EVM applications continue to seek reliable and seamless access to their stablecoin liquidity,” the team noted. “Noble’s AppLayer will seamlessly integrate with a number of leading DeFi projects built on the Ethereum ecosystem.”

Stablecoins have attracted considerable attention in recent weeks, as the US Congress prepares major stablecoin legislation later this year. Organizations such as President Trump’s World-Liberty Financial, banking giant Fidelity, and the US state of Wyoming have also announced plans to create their own stablecoins.

Noble was founded in March 2023 as a blockchain application, or “appchain,” specifically designed to issue stablecoins in the Cosmos ecosystem. Its initial goal was to increase liquidity on Cosmos, including issuing native assets via the Inter-Blockchain Communication (IBC) protocol, which serves as a technology for transferring assets and other data between Cosmos-based blockchains.

Over time, Noble expanded its presence beyond Cosmos, integrating with Ethereum and other ecosystems to facilitate fast stablecoin transfers. In March, Noble also introduced USDN, a yield-bearing stablecoin backed by U.S. Treasury bills.

“Building stablecoin issuance infrastructure over the past two years has given us a deep understanding of the transformative potential of stablecoins to engage the world in crypto,” said Jelena Djuric, co-founder and CEO of Noble, in a press release. “The Noble AppLayer, built on Celestia technology, ultimately gives developers the freedom to build highly scalable and efficient native stablecoin applications.”

Read more: How a PhD student's research turned Celestia into a $345 million blockchain project overnight

Источник

No votes yet.
Please wait...
Avatar photo
INFBusiness
Articles: 1928

Leave a Reply

Your email address will not be published. Required fields are marked *