Noble to Launch Stablecoin Development Platform 'App Layer' This Summer

Noble, a digital asset issuance technology standard infrastructure company, announced on the 16th that it plans to launch the stablecoin development platform 'Noble App Layer'. A stablecoin is a digital asset whose value is linked to real fiat currencies like the dollar.

The Noble App Layer uses the modular blockchain Celestia. The Noble App Layer is set to launch this summer, with the goal of making stablecoins an everyday tool that anyone can easily use.

Specifically, the Noble App Layer is a new internet financial platform that helps developers create various financial services such as remittances, payments, and investments using stablecoins. It has incorporated technology to quickly process transactions on the modular blockchain Celestia, enabling the development of financial services that can be used anywhere in the world.

Since its establishment in 2023, Noble has provided secure digital asset services, processing over $8 billion in transactions. Notably, it has supported over $6.5 billion in the past year, drawing attention in the industry. Last year, Noble launched the stablecoin Noble Dollar (USDN), making a full-scale entry into the stablecoin business. The Noble App Layer also aims to connect with major Ethereum (ETH)-based DeFi projects, centered around the Noble Dollar.

Jelena Djuric, CEO of Noble, stated, "Stablecoins are the key to opening the future of digital finance, and the Noble App Layer is a platform for developers to create stable and new financial services," adding, "Following the recent launch of the Noble Dollar (USDN), this platform release is an important step in making that dream a reality."