Noble 👀

Stablecoin company Noble raises $15 million in Series A from Paradigm 

As stablecoins like Tether and Circle’s USDC grow in popularity, more companies are rushing to offer versions of their own. That includes Ripple, Revolut and Robinhood, which are reportedly planning to offer their own version of the digital tokens, which are designed to hold a constant peg to a fiat currency like the U.S. dollar.

But as the crypto landscape gives rise to a growing number of blockchains and DeFi applications, stablecoin issuers can struggle to distribute their product across a fragmented landscape. One startup seeking to solve this problem is Noble, an asset issuance platform that has just raised a $15 million in Series A funding round led by Paradigm. 

https://fortune.com/crypto/2024/11/19/stablecoin-company-noble-raises-15-million-in-series-a-from-paradigm/