Initia plans to migrate USDC from Noble to Injective, no user action required

On October 19, Initia stated on X that, as Circle will discontinue USDC on Noble, Initia's USDC will migrate to Injective. Initia Labs has developed a redemption vault, so users do not need to take any action: newly transferred USDC will arrive as USDC.inj; existing USDC.n remains usable, and when transferred out it will be automatically exchanged for USDC.inj via the vault before the transfer is completed. Users can also convert at a 1:1 ratio through Initia Wallet.

Initia stated that after January 12, 2027, Circle will only redeem Noble USDC held in wallets. The redemption vault is designed to prevent USDC.n remaining on Initia from becoming unredeemable at that time.