Noble Launches AppLayer for Developers to Create Stablecoin Applications

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Noble Launches AppLayer for Developers to Create Stablecoin Applications

Noble has announced the launch of “AppLayer,” an Ethereum-compatible rollup designed for developers to create applications focused on real-world assets (RWA) and stablecoins. Key details include:

  • AppLayer will enable the development of financial tools optimized for stablecoins.
  • The technology is based on Celestia, a data availability blockchain that reduces storage costs for data-heavy networks.
  • AppLayer is set to launch in Q3 2025.
  • Noble aims to enhance cross-ecosystem integration with established DeFi projects from the Ethereum ecosystem.
  • Recent U.S. legislative initiatives indicate growing interest in stablecoins, with several entities planning their own stablecoin issuances.
  • Noble, launched in March 2023, initially focused on stablecoin issuance within the Cosmos ecosystem and has since integrated with Ethereum and other platforms.
  • In March, Noble introduced USDN, a yield-bearing stablecoin backed by U.S. Treasury bills.

Jelena Djuric, co-founder and CEO of Noble, highlighted the infrastructure built over the past two years as pivotal for realizing the potential of stablecoins in crypto onboarding.

Original publication

Authors credited by the source: Margaux Nijkerk

Published by Holder based on an external source.