Circle to End USDC Support on Noble, Halt New Issuance in October
Summary
- Circle said it will phase out support for USDC and CCTP V1 on the blockchain network Noble.
- New issuance of USDC on Noble through Circle Mint will stop on Oct. 13, and both the USDC contract and CCTP transfer routes will be discontinued on Jan. 12, 2027.
- Circle said it will operate a manual redemption portal starting Jan. 13, 2027, to provide a redemption process for USDC balances remaining on Noble.
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Circle, the issuer of the stablecoin USD Coin, will end support for USDC on the Noble blockchain network, excluding Noble from its transition to Cross-Chain Transfer Protocol V2.
Circle announced on Sept. 11 that it had decided not to introduce CCTP V2 on Noble as part of the migration. The company will also phase out support for USDC on Noble and the legacy CCTP V1.
Starting Oct. 13, new issuance of Noble-based USDC through Circle Mint, the company's platform for institutional clients, will stop.
Beginning Jan. 12, 2027, Noble's USDC contract and CCTP transfer routes will both be discontinued. Circle will record a snapshot of USDC balances remaining on Noble at the time support ends.
Circle will then operate a separate manual redemption portal starting Jan. 13, 2027. Users who fail to move their USDC to another network before support ends will be able to complete the redemption process through the portal.
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