Ethereum L2 MegaETH introduces yield-bearing stablecoin to fund protocol
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Baillie Gifford adopts Ethereum as legal register for UK funds
Baillie Gifford's use of Ethereum as a legal register for UK funds signals a shift towards blockchain as a mainstream financial in...
2022 Vibes: $26 Billion Vanishes From Stablecoin Market Since May Peak
The stablecoin economy has surrendered $26.15 billion since its May 2026 peak, while tokenized U.S. Treasury funds are also contra...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...
Visa Taps Anchorage Digital to Bring Western Union’s USDPT Into Stablecoin Settlement
Key Takeaways: Visa will provide its USDPT as an option for the settlement of stablecoins. USDPT is issued by Anchorage Digital Ba...
Sygnum Launches ETH Fund Targeting 8–10% Returns in Ether
TL;DR: Sygnum has announced an ETH-denominated fund targeting 8–10% annual returns after fees. The target includes staking income,...
Jupiter Crypto Trading on Its Own Fundamentals: JUP USD Breaks Away From Market Sell-Off
Jupiter (JUP) is refusing to follow the crypto market lower. While Bitcoin and major altcoins are experiencing a bloodbath, the So...