MegaUSD Brings Stability to MegaETH Blockchain
MegaUSD (USDM) is a native stablecoin designed to power real-time applications on MegaETH, a blockchain that combines Ethereum's security with a hyper-optimized execution environment. The token is issued through Ethena's stablecoin stack and aims to be deeply integrated across wallets, apps, and onchain services.
Ethena, the protocol behind USDe, one of the largest USD-denominated crypto assets in history, has over $13 billion in Total Value Locked (TVL) today. MegaETH delivers streaming throughput with 10 millisecond latency and up to 100,000 Transactions Per Second (TPS).
The current market capitalization of MegaUSD is approximately $17.46 million, with an All-Time High (ATH) of $1.4 and an All-Time Low (ATL) of $0.517324.