Noble has unveiled 'AppLayer', an Ethereum-compatible rollup aimed at empowering developers to create applications centered around stablecoins and real-world assets.

This initiative comes in response to the growing focus on stablecoins, especially with impending U.S. legislation set to regulate them, alongside interest from major players like World-Liberty Financial and Fidelity looking to launch their own stablecoins.

Scheduled for launch in the third quarter of 2025, AppLayer seeks to enhance financial tools specifically for stablecoins, which are digital currencies pegged to stable assets such as the U.S. dollar.

Noble, which initially launched in March 2023, has a primary focus on stablecoin issuance within the Cosmos ecosystem and has since broadened its reach to include Ethereum and other blockchain networks.

The company has also developed robust infrastructure for stablecoin issuance, recently introducing USDN, a yield-bearing stablecoin that is backed by U.S. Treasury bills.

Jelena Djuric, co-founder and CEO of Noble, highlighted the critical role of stablecoins in attracting more users to the crypto space, noting that AppLayer could enable scalable and efficient applications.

AppLayer will leverage Celestia, a data availability blockchain that minimizes storage costs for data-intensive blockchain applications while remaining compatible with the Ethereum Virtual Machine (EVM).