MegaETH launches revenue-based stablecoin USDm to subsidize Ethereum serializer fees

According to ChainCatcher, according to Cointelegraph, Ethereum's second-tier MegaETH announced that it will cooperate with Ethena to launch the revenue stablecoin USDm. The currency invests reserves in tokenized US Treasury funds through Ethena's USDtb infrastructure, and the income generated is used to offset the serializer fees required for L2 on-chain and support agreement operations. Officials said that the design will help reduce user fees and expand application space, and the specific launch time and parameters will be announced in the future.