🚨 DYDX PLANS V9.9 UPGRADE TO MOVE USDC TO INJECTIVE!
A major stablecoin infrastructure shift is coming to the dYdX ecosystem.
dYdX has proposed its v9.9 protocol upgrade to transition USDC backing from Noble to Injective, potentially moving approximately $68 MILLION in USDC.
🔥 What's changing?
USDC backing will gradually shift to Injective
Existing USDC balances, positions and orders remain unchanged
New USDC deposits will use Injective instead of Noble
Withdrawals will initially support both Injective and Noble
A new Canonical USDC module will manage the transition
The governance vote is expected to conclude on November 16, with the upgrade tentatively scheduled for November 17, 2026.
This is a significant development for Injective, strengthening its role as a stablecoin infrastructure hub across the Cosmos ecosystem.
Could this $68M migration make Injective a bigger player in DeFi?
#dydxplansv9.9upgradetoshiftusdctoinjective $USDC $DYDX $INJ
A major stablecoin infrastructure shift is coming to the dYdX ecosystem.
dYdX has proposed its v9.9 protocol upgrade to transition USDC backing from Noble to Injective, potentially moving approximately $68 MILLION in USDC.
🔥 What's changing?
USDC backing will gradually shift to Injective
Existing USDC balances, positions and orders remain unchanged
New USDC deposits will use Injective instead of Noble
Withdrawals will initially support both Injective and Noble
A new Canonical USDC module will manage the transition
The governance vote is expected to conclude on November 16, with the upgrade tentatively scheduled for November 17, 2026.
This is a significant development for Injective, strengthening its role as a stablecoin infrastructure hub across the Cosmos ecosystem.
Could this $68M migration make Injective a bigger player in DeFi?
#dydxplansv9.9upgradetoshiftusdctoinjective $USDC $DYDX $INJ
