Noble Blockchain 推出 USDN，這是一種使用 M^0 去中心化基礎設施設計的美元支持的穩定幣

作為 Cosmos 生態系統一部分的 Noble 區塊鏈推出了 USDN，這是一種使用 M^0 去中心化基礎設施設計的美元支持的穩定幣。

Noble blockchain, part of the Cosmos ecosystem, has announced the launch of USDN, a dollar-backed stablecoin developed using M^0’s decentralized infrastructure. This marks a significant milestone for both Noble and M^0, a startup that is reimagining stablecoin issuance with its Ethereum-based platform.

Cosmos 生態系統的一部分 Noble 區塊鏈宣布推出 USDN，這是一種使用 M^0 去中心化基礎設施開發的美元支持的穩定幣。這對 Noble 和 M^0 來說都是一個重要的里程碑，M^0 是一家正在利用其基於以太坊的平台重新構想穩定幣發行的新創公司。

M^0 offers an extension engine that enables developers to customize its $M stablecoin with unique features, such as branding options, compliance tools, and yield distribution mechanisms. In the case of USDN, M^0’s technology is being leveraged to integrate the stablecoin seamlessly into Cosmos, an ecosystem of over 50 interconnected blockchains linked via the Inter-Blockchain Communication (IBC) protocol.

M^0 提供了一個擴展引擎，使開發人員能夠使用獨特的功能（例如品牌選項、合規工具和收益分配機制）定制其 $M 穩定幣。就USDN 而言，M^0 的技術被用來將穩定幣無縫整合到Cosmos 中，Cosmos 是一個由50 多個透過區塊鏈間通訊(IBC) 協議連結的互連區塊鏈組成的生態系統。

Within the Cosmos ecosystem, Noble plays a pivotal role by serving as a bridge for stablecoin issuers like Circle and Monerium, facilitating efficient asset transfers across blockchains. Since its launch, Noble has processed transactions exceeding $5 billion, highlighting its importance within the network.

在 Cosmos 生態系統中，Noble 發揮關鍵作用，充當 Circle 和 Monerium 等穩定幣發行者的橋樑，促進跨區塊鏈的高效資產轉移。自推出以來，Noble 已處理超過 50 億美元的交易，凸顯了其在網路中的重要性。

Decentralization at the Core of Stablecoin Issuance

去中心化是穩定幣發行的核心

M^0 distinguishes itself from traditional stablecoin models by adopting a decentralized approach to issuance. In contrast to major stablecoins such as USDT and USDC, where profits from U.S. Treasury-backed yields benefit only the issuing organizations, M^0’s protocol ensures that these earnings are distributed among approved market participants. This approach promotes transparency and aligns incentives, setting it apart from centralized competitors.

M^0 與傳統穩定幣模式的差異在於採用去中心化的發行方式。與 USDT 和 USDC 等主要穩定幣相比，美國財政部支持的收益率的利潤僅使發行機構受益，M^0 的協議確保這些收益在經過批准的市場參與者之間分配。這種方法提高了透明度並調整了激勵措施，使其有別於中心化的競爭對手。

With the adoption of USDN, which is built on M^0’s $M framework, the growth of Cosmos-native stablecoins is poised to accelerate further. This integration will provide developers and users with enhanced functionality, security, and transparency, while also advancing the adoption of decentralized financial tools.

隨著基於 M^0 的 $M 框架構建的 USDN 的採用，Cosmos 原生穩定幣的增長有望進一步加速。這種整合將為開發人員和使用者提供增強的功能、安全性和透明度，同時也促進去中心化金融工具的採用。

Expanding the Horizons of Stablecoin Utility

擴大穩定幣實用性的範圍

According to Noble’s CEO, Jelena Djuric, the partnership is expected to drive broader adoption of stablecoins within decentralized finance (DeFi). By incorporating M^0’s technology, USDN establishes a new benchmark for stability, utility, and security in the stablecoin market. This collaboration is set to pave the way for innovative stablecoin designs, offering tools that can be tailored to meet diverse use cases and client demands.

Noble 執行長 Jelena Djuric 表示，此次合作預計將推動穩定幣在去中心化金融 (DeFi) 領域得到更廣泛的採用。透過融入 M^0 的技術，USDN 為穩定幣市場的穩定性、實用性和安全性樹立了新的基準。此次合作將為創新的穩定幣設計鋪平道路，提供可客製化的工具來滿足不同的用例和客戶需求。

The partnership between Noble and M^0 not only strengthens the Cosmos ecosystem but also lays the groundwork for the broader use of stablecoins across interconnected blockchain networks. By addressing existing limitations in stablecoin design, this alliance seeks to expand the sector’s capabilities and contribute to the wider adoption of decentralized financial solutions.

Noble 和 M^0 之間的合作不僅增強了 Cosmos 生態系統，也為穩定幣在互聯區塊鏈網路中更廣泛的使用奠定了基礎。透過解決穩定幣設計中的現有限制，該聯盟旨在擴大該行業的能力，並為更廣泛地採用去中心化金融解決方案做出貢獻。

With USDN and M^0’s decentralized infrastructure, Noble is poised to redefine stablecoin utility, setting a precedent for transparency and scalability in the digital asset space. This initiative highlights the potential of collaborative innovation to transform the DeFi landscape, offering a glimpse into the future of decentralized finance powered by secure and adaptable stablecoin solutions.

憑藉 USDN 和 M^0 的去中心化基礎設施，Noble 準備重新定義穩定幣的實用性，為數位資產領域的透明度和可擴展性樹立先例。這項舉措凸顯了協作創新改變 DeFi 格局的潛力，讓我們得以一窺由安全且適應性強的穩定幣解決方案所支持的去中心化金融的未來。