The second largest IBC volume chain (per last 30 days) has: no inflationary token to incentivize chain usage, provides tangible utility to users, solves one of the largest pain points in
@cosmos
(liquidity fragmentation) & minimal governance overhead.
That chain is
@noble_xyz
1/ Im so excited to officially announce that native USDC is coming to
@cosmos
and that I've joined
@noble_xyz
full-time as co-founder & CEO.
So, how did this all come to be? Story time :)
We are excited to announce that Noble is bringing native
#USDC
to the
@Cosmos
and boundless Inter-Blockchain Communication (IBC) ecosystem in partnership with
@Circle
! ✨
@gmbutts
Not all vaccinated truckers support the mandates. Not all vaccinated Canadians support the mandates.
Anti-mandate is not anti-vaccine. Why is it so hard to acknowledge that?
Insightful response from
@VitalikButerin
in the r/Ethereum AMA a few days ago.
@cosmos
undeniably offers a much more unique philosophy & vision compared to Ethereum & Bitcoin than the "Eth killers" or general purpose smart contracting platforms do.
The killer crypto app will look like a regular payments app with cryptocurrency, specifically stablecoins, as the payment mechanism running on top of public blockchain infrastructure.
Some personal news ✨
This month I'll be transitioning out of my role at
@informalinc
& starting something new (more details on that soon!)
Over the past 2.5 years I've been fortunate to work with the brilliant Informal team & have gained a ton of knowledge, experience & wisdom
Attention
@cosmos
: We're submitting a community spend proposal to get top-tier contract consumer chains launching with
@cosmoshub
Interchain Security. 👇
cc
@CosmosGov
Krafton is a world-renowned gaming development company w/
@PUBG
boasting 200m+ monthly players
Krafton is coming to
@cosmos
and building an app-chain, with plans to use
@circle
USDC as the primary currency for creator settlements
Exciting stuff for
@cosmos
& web3 adoption!
Honored to have joined
@jerallaire
and the
@circle
team at today's 1 World Trade Center announcement!
Very bullish crypto, Circle, NYC, America the US Dollar... and of course
@noble_xyz
🥂
BREAKING NEWS:
@circle
has announced that we are moving our Global HQ to New York City, building out a flagship space on one of the top floors of 1 World Trade Center, an historically important landmark in standing for American global economic leadership. Details below the
True story:
- Used up all of the ETH in my wallet to pay fees on Canto
- Didn't have enough fees to claim staking rewards on Stakewise
- Go to Uniswap to swap for some ETH - $24 fee to swap $13 worth of ETH
This is silly. This is why I'm a
@cosmos
maxi
I’m at a cafe conversing with a stranger who believes crypto to be a scam.
This is perhaps the largest existential threat to our industry - negative public perception.
How do we fix this?
Right now, in the real world:
Crypto privacy pioneers are in a Dutch jail awaiting sentencing
Fascist governments around the world are exploiting cryptocurrencies to garner support with a global elite while suppressing fundamental human rights
Regulators are successfully
Couldn’t disagree more.
We fell in love at 21/22 & throughout the years our accomplishments became shared successes, and our ambitions, ideas & dreams inspired each other to be bigger, greater & bolder.
To fall in love and grow older, together, is the greatest gift of all. 💚
Happening next week: In 1 click migrate your USDC from Solana to Cosmos with zero slippage thanks to CCTP & the Skip API.
@noble_xyz
launched the first non-EVM implementation of CCTP a mere few months ago on Nov 28 and its incredible to see the UX unlock its brought to
In a few weeks, Skip API will allow users to bring native USDC from any EVM chain and Solana to any Cosmos chain in 1 click with no slippage
Cosmos is not ready for this
We are in the depths of a bear market, and yet, the current
@cosmos
network market cap is $9.1B.
IBC transaction volume over a 30 day period was $940 540 000 with 3M unique IBC transfers.
)
On a call with a builder in
@cosmos
, describing why they switched to
@cosmos
:
"Building in the
@ethereum
ecosystem is like building with one hand tied behind your back"
In the last month,
@noble_xyz
has:
- Issued almost 20M of USDC in
@cosmos
- IBC'd out~75% of all USDC issuance to the Interchain🌱
- 1K+ active Noble wallets
- 17 IBC channels open
Just the beginning. What happens when it gets even easier for retail to get native USDC?
1/ We’ve put together a world-class group of backers for the Noble seed round & I'm thrilled to officially share the news publicly!
From
@LedesmaLyllah
of
@CoinDesk
:
CCTP on
@noble_xyz
goes live tomorrow &
@squidrouter
will be supporting the
@dYdX
v4 front end!
Excited for
@Cosmos
& IBC UX to become 100x better overnight. 🌱
2023-11-28
Gm, it’s here!
@CypherWalletIO
I can now officially spend my USDC (issued via
@noble_xyz
) in stores anywhere in the world that Mastercard is accepted!
Ooooo
@THORChain
+
@TeamKujira
merger is the Cosmos brain child we needed in these trying times
PS... swapped some ATOM for BTC using
@THORSwap
last night to try it out and it was $12 and took 3 minutes
Very nice UX
Wow, what an electric week at
@EthereumDenver
. Some reflections:
The current “narrative” is broadly coalescing around modularity, restaking/ shared security, programmable BTC / Bitcoin L2s & data availability. There is a lot of hype that should probably be tempered with realism
Yes,
@cosmos
technology is obviously superior to all other blockchain stacks but if we can't build viable products & services leveraging these primitives, then what is the point?
Thorchain has been a trailblazer in cross-chain DeFi for years & today I’m super excited to share that
@noble_xyz
will officially be partnering with
@THORChain
to provide native USDC as the primary asset on THORChain's App Layer 🫡🫡
Rough Plan for $TOR
Currently TOR is THORChain's internal "dollar accounting unit" that is not transferrable. It is used to internally price all the assets on THORChain (such as BTC etc). It will be used as a pricing mechanism for the App Layer such as the new perps protocol
Excited to share what we've been working on
@noble_xyz
this morning. 🤗
In the very near future, we'll be sharing more information on support for native assets coming to
@cosmos
& more details on March 27 mainnet launch!
Wen bracelet? 🤝
Shout out to
@coinbase
for adding $USDC
@Algorand
support. Looks like it’s the fastest $USDC blockchain by far!
@circle
$eth $base $sol $algo $arb $pol $avax $op
A lot of Cosmos problems and internal drama being exposed this week on the CT TL which is ultimately healthy & productive for the community to move forward imo.
Brief reminder tho: If you look behind the curtain at most leading crypto protocols you will find the same issues,
People allege that
@cosmos
governance mirrors real world democracy.
In a democratic society, the citizenry votes and elects people that come to power as a result of perceived competency.
In
@cosmos
, we vote on initiatives & abstract promises, not leadership.
We need a crypto podcast that takes into consideration cultural trends, political concerns & can provide comedic relief.
As useful & important as technical crypto podcasts are, we need to do a better job of contextualizing crypto within the real world.
Who wants to build this?
Nice to see Polygon PoS proposing to upgrade to
@cosmos
SDK 50
All of
@cosmos
owes a great deal of gratitude to
@binary_builders
for their leadership & hard work on building out & maintaining the most powerful application layer for building modular blockchain apps
This is exactly why
@cosmos
is positioned to succeed.
Cosmos appchains communicate via an open sourced, permissionless interoperability standard called IBC () that does not rely on "lock and mints" or complicated tokeneconomics to incentivize adoption.
IBC is coming to
@ethereum
thanks to
@Polymer_Labs
, total volume over last 30 days is 1.8B and
@cosmos
market cap is a cool 30B and you're bearish anon?
I spoke with
@Blockworks_
on the Noble vision for
@cosmos
appchains and IBC.
@cosmos
is the most hospitable and natural place to build, and soon that will become more apparent.
Welcome to Cosmos szn ✨
Incredible to see: $80M USDC issued in last 3.5 months in
@cosmos
via
@noble_xyz
.
The demand for
@cosmos
stablecoin liquidity is insatiable!
If you're interested to see where this liquidity is going, check out:
The beautiful thing about collaborating in an open source environment is that in a matter of a couple of hours, you can prioritize development that wasn’t otherwise part of the roadmap.
Excited to bring
@noble_xyz
to
@StationWallet
🤗
Thank you for pushing this
@Jared_TFL
!
Hello 👋
@noble_xyz
is recruiting for a Director of Engineering. You'll be responsible for building out an eng org & working with
@cosmos
& IBC ecosystem partners such as
@strangelovelabs
! ✨
We have ambitious plans for native asset issuance. Join us?
14 yrs ago, Satoshi Nakamoto published a revolutionary paper that put into motion a political renaissance - placing sovereign monies at the centre
Today, a group of contributors present a renewed vision for decentralized
@cosmos
governance
This crypto bear market is the perfect time for the
@cosmos
ecosystem to climb out of its insular bubble & reach a swath of new users. To get there, we'll need:
- Meaningful products & services
- Superior UX
- Education on the (evolving)
@cosmos
thesis
- An embracing disposition