‍[Switzerland]  – M^0, the decentralized stablecoin infrastructure layer, today unveils new features to empower stablecoin builders. Noble’s upcoming $USDN, a dollar stablecoin on the Noble blockchain, which facilitates stablecoin distribution across the broader appchain ecosystem, is powered by M^0’s stablecoin building blocks. With upcoming advancements to Inter-Blockchain Communication (IBC), including the highly anticipated IBC Eureka upgrade, Noble is positioned to service a wider range of appchains, extending beyond Cosmos-native chains to include those built on Ethereum Virtual Machine (EVM) platforms, significantly broadening the scope of interoperability and liquidity solutions.

Following the launch of the M^0 protocol on Ethereum and the go-live of the first stablecoin issuer in its federation earlier in the year, M^0 has rolled out a stablecoin extension engine that allows builders to start with $M (M^0’s canonical stablecoin) and customize various attributes to create their own branded digital dollar asset.

Stablecoin builders worldwide seek comprehensive infrastructure solutions but often face limitations from platforms that either simply facilitate digital asset minting and burning, or occupy the entire vertical stack, siloing liquidity and go-to-market routes. M^0’s new stablecoin extension engine gives builders the flexibility to start with $M as the building block and customize attributes such as branding, regulatory compliance features (allow-lists, freeze / unfreeze, oracle solutions), convertibility features, yield distribution features, among others.

This modular design keeps all $M-based extensions fully interchangeable, allowing easy integration within the ecosystem. Builders creating customized digital dollar assets with $M gain access to shared liquidity and a growing range of use cases within the M^0 network.

As the premier liquidity infrastructure for asset issuers in the Cosmos ecosystem, and beyond, Noble leverages $M as the core building block underpinning $USDN. Building on the momentum of its $15M Series A raise, $USDN offers the broader Interchain ecosystem a credibly neutral digital dollar, native to its chain and interoperable with $M and other upcoming stablecoin extensions from third parties. This collaboration demonstrates the power of M^0’s flexible stablecoin infrastructure, meeting the broad needs of digital dollar builders while establishing real interoperability.

“Leveraging $M and the M^0 infrastructure into $USDN's design is a game-changer for the ecosystem, enabling both deeper liquidity and broader interoperability across several ecosystems and applications,” said Jelena Djuric, Co-Founder and CEO at Noble. “This collaboration not only advances Cosmos-native stablecoin adoption but sets a new precedent for stablecoin design by focusing on safety, programmability, and interoperability. We’re excited to redefine what stablecoin infrastructure can achieve within decentralized finance.”

“We’re elated to collaborate with Noble and confirm $M’s position as the best building block for stablecoin applications,” said Gregory Di Prisco, Co-Founder and Chief Architect of M^0. “This partnership not only provides the Cosmos ecosystem with deeper liquidity and programmable yield distribution but introduces a new path in terms of interoperability across stablecoin products and across blockchains. At M^0 we’re building stablecoin infrastructure that is multi-issuer and multi-chain. This is a significant improvement over the current state of stablecoin technology, and we are delighted to see Noble leading the way in terms of adoption.“

By integrating $M as the primary backing asset for its stablecoin, Noble’s $USDN shows how $M serves as the core building block for innovative stablecoin designs. $USDN will benefit from the existing network effects of assets issued on Noble, in which Noble has facilitated over $5 billion of transaction volume in the first year, with current outstanding TVL of over $500 million. This integration reflects M^0’s vision of a future where $M powers a growing ecosystem of customized digital dollars, with builders leveraging shared liquidity and secure, programmable yield distribution. As more stablecoin issuers adopt $M, it serves as the foundation for scalable, interoperable financial products across DeFi.

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About M^0 Ecosystem

M^0 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that powers a federation of stablecoin issuers. With M^0, any number of independent institutions can tap on turnkey middleware to become the minter of a fungible stablecoin.

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About Noble

‍Noble is the premier asset issuance chain in the modular ecosystem. Noble solves a variety of critical pain points around native issuance, including security, liquidity, compliance, standardization and neutrality. Noble's long-term vision is to be a UX unlock for all stablecoin and Real World Asset (RWA) issuers.