# Noble

> Noble is a purpose-built blockchain for native asset issuance, focused on stablecoins and tokenized real-world assets. Built on the Cosmos SDK and connected through IBC, it is the canonical home of native USDC in the Cosmos ecosystem and the issuer of the yield-bearing Noble Dollar (USDN). Founded in 2022 by Jelena Djuric, Stefan Coolican and John Letey after the collapse of Terra's UST, Noble gives issuers such as Circle, Ondo Finance, Hashnote and Monerium a neutral, compliant rail to mint dollars and distribute them across dozens of connected chains - with no gas token required and fees paid in USDC.

- **Founded:** 2022
- **Headquarters:** New York, United States
- **Founders:** Jelena Djuric (Co-Founder & CEO), Stefan Coolican (Co-Founder & COO/CFO), John Letey (Co-Founder & CTO)
- **Team size:** ~13 (per Apollo estimate)
- **Products:** Native USDC on Noble, Noble Dollar (USDN), USDY, Asset Issuance Platform, Developer Hub & Tooling
- **Notable:** Became the canonical issuer of native USDC in the Cosmos ecosystem (2023)., Closed a $15M Series A led by Paradigm in November 2024; ~$18.3M raised in total., Moved $5B+ in volume and $450M+ in assets issued within its first year.

## Products & services

- **Native USDC on Noble** — Circle's canonical USDC for the Cosmos ecosystem, issued natively on Noble and distributed to dozens of appchains over IBC without wrapping or bridging.
- **Noble Dollar (USDN)** — A yield-bearing stablecoin built on composable yield via the M0 Protocol, collateralized by short-term US Treasury Bills and designed to return 100% of that interest to holders (targeting ~4.15% APY).
- **USDY** — Ondo Finance's yield-bearing dollar token, launched natively in the Cosmos ecosystem via Noble.
- **Asset Issuance Platform** — A neutral appchain built on the Cosmos SDK where issuers mint stablecoins and RWAs - including EURe (Monerium), USYC (Hashnote) and others - with fees paid in USDC and no separate gas token.
- **Developer Hub & Tooling** — Open-source modules, docs and IBC integrations that let appchains and wallets access Noble-issued assets safely.

## Achievements

- Became the canonical issuer of native USDC in the Cosmos ecosystem (2023).
- Closed a $15M Series A led by Paradigm in November 2024; ~$18.3M raised in total.
- Moved $5B+ in volume and $450M+ in assets issued within its first year.
- Launched the yield-bearing Noble Dollar (USDN), returning US Treasury yield to holders.
- Enabled Ondo's USDY as the first native yield-bearing stablecoin for Cosmos appchains.

## Latest updates

- **2025-10** — CEO Jelena Djuric discussed Noble as neutral infrastructure for stablecoin transmission and DeFi expansion on the Epicenter podcast.
- **2025** — Noble Dollar (USDN) went live, offering holders yield from short-term US Treasury Bills (~4.15%).
- **2024-11** — Announced $15M Series A led by Paradigm with Polychain, Foresight, Wintermute and Informal Systems.
- **2024** — Ondo's USDY launched natively across the Cosmos ecosystem via Noble.

## Links

- Website: https://noble.xyz
- LinkedIn: https://www.linkedin.com/company/noblexyz
- Twitter/X: https://x.com/noble_xyz
- GitHub: https://github.com/noble-assets

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Profile page: https://yespress.io/noble
Published by YesPress — https://yespress.io
Last updated: 2026-07-18