According to CoinMeta, initia has announced the migration of USDC from Noble to Injective, and the launch of a redemption vault. Users can automatically redeem USDC.n for USDC.inj without any action on their part. The existing USDC.n can still be used, and newly transferred USDC will be credited to users as USDC.inj. Users can also exchange them at a 1:1 ratio through initia and wallet. After January 12, 2027, USDC.n on initia will no longer be eligible for redemption. The complete proposal has been published on initia and scan.