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Cosmos’ Cross-Chain Transfer Protocol Launches On Noble

Twitter icon  •  Published 1 year ago on December 7, 2023  •  Hassan Maishera

The Cosmos team announced via X (formerly Twitter) on Wednesday that the Cross-Chain Transfer Protocol (CCTP) is now live on Noble.

Cosmos’ Cross-Chain Transfer Protocol Launches On Noble

The Cosmos team announced via X (formerly Twitter) on Wednesday that the Cross-Chain Transfer Protocol (CCTP) is now live on Noble. Noble is a generic asset issuance chain purpose-built for the Inter-Blockchain Communication (IBC) ecosystem.

Thanks to this latest development, any Cosmos appchain can leverage CCTP to onboard users directly from multiple ecosystems, including Ethereum.

Cosmos is a network connecting many independent distributed ledgers (e.g., Ethereum, Bitcoin) to achieve interoperability across blockchains. ATOM, the native token of Cosmos, is up by 1% in the last 24 hours and is trading at $9.916 at press time. 

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.