Noble Blockchain 推出 USDN，这是一种使用 M^0 去中心化基础设施设计的美元支持的稳定币

作为 Cosmos 生态系统一部分的 Noble 区块链推出了 USDN，这是一种使用 M^0 去中心化基础设施设计的美元支持的稳定币。

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 生态系统的一部分 Noble 区块链宣布推出 USDN，这是一种使用 M^0 去中心化基础设施开发的美元支持的稳定币。这对于 Noble 和 M^0 来说都是一个重要的里程碑，M^0 是一家正在利用其基于以太坊的平台重新构想稳定币发行的初创公司。

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 提供了一个扩展引擎，使开发人员能够使用独特的功能（例如品牌选项、合规工具和收益分配机制）定制其 $M 稳定币。就 USDN 而言，M^0 的技术被用来将稳定币无缝集成到 Cosmos 中，Cosmos 是一个由 50 多个通过区块链间通信 (IBC) 协议链接的互连区块链组成的生态系统。

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 生态系统中，Noble 发挥着关键作用，充当 Circle 和 Monerium 等稳定币发行者的桥梁，促进跨区块链的高效资产转移。自推出以来，Noble 已处理超过 50 亿美元的交易，凸显了其在网络中的重要性。

Decentralization at the Core of Stablecoin Issuance

去中心化是稳定币发行的核心

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 与传统稳定币模型的区别在于采用去中心化的发行方式。与 USDT 和 USDC 等主要稳定币相比，美国财政部支持的收益率的利润仅使发行机构受益，M^0 的协议确保这些收益在经过批准的市场参与者之间分配。这种方法提高了透明度并调整了激励措施，使其有别于中心化的竞争对手。

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.

随着基于 M^0 的 $M 框架构建的 USDN 的采用，Cosmos 原生稳定币的增长有望进一步加速。这种集成将为开发人员和用户提供增强的功能、安全性和透明度，同时也促进去中心化金融工具的采用。

Expanding the Horizons of Stablecoin Utility

扩大稳定币实用性的范围

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 首席执行官 Jelena Djuric 表示，此次合作预计将推动稳定币在去中心化金融 (DeFi) 领域得到更广泛的采用。通过融入 M^0 的技术，USDN 为稳定币市场的稳定性、实用性和安全性树立了新的基准。此次合作将为创新的稳定币设计铺平道路，提供可定制的工具来满足不同的用例和客户需求。

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 之间的合作不仅增强了 Cosmos 生态系统，还为稳定币在互联区块链网络中更广泛的使用奠定了基础。通过解决稳定币设计中的现有限制，该联盟旨在扩大该行业的能力，并为更广泛地采用去中心化金融解决方案做出贡献。

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.

凭借 USDN 和 M^0 的去中心化基础设施，Noble 准备重新定义稳定币的实用性，为数字资产领域的透明度和可扩展性树立先例。这一举措凸显了协作创新改变 DeFi 格局的潜力，让我们得以一睹由安全且适应性强的稳定币解决方案支持的去中心化金融的未来。