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dYdX proposes upgrade to switch USDC backing from Noble to Injective before Noble contract pause.

Protocol Fundamentals
13 Nov 2026, 14:01 WIB
Tokenpost
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Neutral
dYdX proposes upgrade to switch USDC backing from Noble to Injective before Noble contract pause.

The dYdX Foundation has initiated an on-chain vote for a v9.9 upgrade to shift USD Coin (USDC) backing on dYdX Chain from Noble to Injective. This change is in preparation for Circle's planned pause of Noble's USDC contract by January 12, 2027. The upgrade will add a Canonical USDC module and gradually replace Noble-issued USDC with Injective-issued USDC, keeping user balances and token identifiers unchanged. If approved by November 16, the upgrade is expected to complete around November 18, allowing users to deposit USDC only through Injective while withdrawals will initially support both Noble and Injective until further governance decisions.

The dYdX vote on shifting USDC backing offers context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 13, 2026 18:21 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Among notable movers, LUNC dropped 4.81% to Rp0,666 with a strong buy interest of 91%, contrasting with BNB which fell 4.23% to Rp11.658.532 and had a more balanced buy-sell split of 65%-35%. BAT also declined 4.18% to Rp2.133, with 80% of orders selling, showing varied investor sentiment across assets.

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