USDC Migration: Initia to Move from Noble to Injective

Odaily: Initia posted on X that, as Circle will sunset USDC on Noble, USDC on Initia will migrate from Noble to Injective. Initia Labs has developed a redemption vault, so users need take no action; existing USDC.n will continue to function normally, newly transferred USDC will arrive as USDC.inj, and USDC.n transferred out will be automatically redeemed for USDC.inj via the vault and continue to be sent to the target address. Applications may gradually transition from USDC.n to USDC.inj, and users can also swap at a 1:1 ratio via Initia Wallet. After January 12, 2027, only Noble USDC held in wallets can be redeemed with Circle; by then, USDC.n on Initia will no longer be redeemable.