Injective USDC Adoption Expands as INJ Price Outlook Draws Attention

Injective is expanding its role across the Cosmos ecosystem as its native USDC becomes a shared stablecoin standard for cross-chain liquidity and trading. The transition involves more than $80 million in USDC, including Cosmos Hub’s treasury and a proposed $68 million migration from dYdX. Meanwhile, the INJ price is showing relative strength despite broader crypto market weakness, holding near $8. Analyst Crypto Patel maintains long-term targets of $30, $50, and $100. Injective is positioning its native USDC as a common stablecoin standard across Cosmos and dYdX. According to the project, more than $80 million in USDC is involved in the transition. Cosmos Hub has already moved its treasury to Injective USDC. Meanwhile, dYdX is voting on a proposal to migrate approximately $68 million in USDC.

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