Injective: USDC Becomes the Canonical Stablecoin Standard Across 20+ Chains - 19 Sep 2026

Circle is migrating Injective USDC to the canonical stablecoin standard, making USDC.inj the native representation across more than 20 blockchains. As part of the migration, Circle deprecates Noble USDC, and holders move their balances to the new standard, which routes over $100 million in stablecoin liquidity to Injective.

For Injective, the change converts cross-chain USDC demand into direct on-chain liquidity. Stablecoin depth supports trading, lending, and derivatives activity on the network, and the measured inflow gives traders and builders a larger settlement base. Because Noble USDC is deprecated, holders on connected chains must migrate rather than hold both versions, which concentrates flows into USDC.inj during the transition. Users can follow official migration instructions to move balances before the old representation is retired.