Today, it was revealed that Injective USDC will serve as the official USDC standard on both Cosmos Hub and dYdX.
This is a big step because it reduces confusion from multiple USDC versions, improves liquidity, enables smoother transfers across apps and chains, and gives developers one trusted stablecoin standard to build around.
currently: $INJ just broke above $4 • Sitting at #98 on CoinMarketCap • USDC + CCTP are now live on Injective mainnet Momentum is building fast. $4.5+ for $INJ by tomorrow looks very possible.
In case you missed it: $INJ futures are now live on Bitnomial, a CFTC-regulated U.S. exchange, putting Injective in the same regulated derivatives market as BTC, ETH, and SOL.
On April 28, the $INJ mainnet upgrade (IIP-632) officially went live following its approval.
Focused on better performance, the upgrade makes the network faster and more efficient. It also enhances onchain functionality and strengthens the token buyback mechanism.
Injective is currently ranked among the top 5 L1 blockchains by revenue over the past 7 days and holds a top 9 position over the past month, highlighting a strong level of on-chain activity.