MegaETH taps Ethena to launch USDm stablecoin and cut layer 2 fees

MegaETH is creating a new economic core by launching the USDm stablecoin. The asset leverages yield from institutional-grade reserves to subsidize network operations, aiming to permanently decouple revenue from user fees. In an announcement on September 8, MegaETH revealed that…

MegaETH taps Ethena to launch USDm stablecoin and cut layer 2 fees
MegaETH is creating a new economic core by launching the USDm stablecoin. The asset leverages yield from institutional-grade reserves to subsidize network operations, aiming to permanently decouple revenue from user fees. In an announcement on September 8, MegaETH revealed that…