Blockchain

dYdX Proposes USDC Backing Shift From Noble to Injective

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/11/2026, 06:57:24 UTC.

Briefings

The v9.9 plan proposes a shift from Noble to Injective for USDC backing, potentially altering deposit and withdrawal flows while leaving existing balances and positions intact. This change occurs within the broader context of the v9.9 upgrade timeline, which is currently under development with limited public details. The specific impact on user funds remains uncertain without further confirmation from the project.

Key points

• The v9.9 plan proposes a shift from Noble to Injective for USDC backing, potentially altering deposit and withdrawal flows.
• Existing USDC balances, collateral, and open positions remain unchanged during the proposed rerouting.

Context

The v9.9 upgrade is a major development for the project, with the plan to switch backing providers being a key focus. The timeline for this change is not yet fully defined, and the specific implications for users are not yet clear.

Limitations

The evidence is limited to a single plan proposal without confirmation of implementation dates or full impact analysis. The source article does not provide details on the transition period or specific user outcomes.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 14/11/2026, 07:32:15 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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