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MegaETH is launching USDm, a new stablecoin built with Ethena, to fund sequencer operations via reserve yield instead of fee markups — aiming to keep L2 transaction costs low and aligned with users. The testnet is live with 10ms block times and 20k+ TPS, with mainnet rollout pending.

MegaETH is launching USDm, a new stablecoin built with Ethena, to fund sequencer operations via reserve yield instead of fee markups — aiming to keep L2 transaction costs low and aligned with users. The testnet is live with 10ms block times and 20k+ TPS, with mainnet rollout pending.
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