• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
MegaETH to Launch USDm Stablecoin with PreDeposit Bridge

MegaETH to Launch USDm Stablecoin with PreDeposit Bridge

user avatar

by Tando Nkube

4 months ago


MegaETH is set to launch its native stablecoin, USDm, next week, coinciding with the introduction of the MegaETH predeposit bridge. This development marks a significant step for the platform as it aims to enhance its ecosystem with a stable digital currency. The document provides a justification for the fact that stablecoins play a crucial role in increasing the usability and stability of cryptocurrency platforms.

Introduction to USDm Stablecoin

The USDm stablecoin, developed in collaboration with Ethena Whitelabel and USDtb, is designed to maintain a stable one-to-one value with the US dollar.

Predeposit Bridge Launch Details

The predeposit bridge will officially open on Tuesday, November 25, 2025, with a substantial deposit cap of $250 million. Participation is limited to users who registered on Sonar for the MEGA public sale and are not from restricted countries, ensuring a controlled and secure launch process.

Participation Guidelines

Each participant is restricted to a single wallet that must correspond with the one verified during registration. Once the predeposit bridge is operational, users can deposit USDC to secure their allocation of USDm ahead of the MegaETH mainnet launch.

Conclusion of Early Access Phase

This early access phase will conclude either when the deposit cap is reached or when the network is ready to go live. Notably, users will be unable to withdraw their deposits until USDm is distributed on the mainnet, allowing MegaETH to finalize preparations for the stablecoin's immediate use.

In a notable development, Bitcoin Hyper's pre-sale has raised over $28 million, showcasing significant interest in innovative crypto projects. For more details, see the full article here.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Details of Revenge Tactics Revealed by South Korean Criminal Ring

chest

The criminal organization uncovered by South Korean police has revealed a range of revenge tactics employed against clients' targets, including defamation, harassment, and physical assaults, all funded through cryptocurrency.

user avatarLeo van der Veen

ATEG's Index Price Model Enhances Financial Planning for Users

chest

ATEG's index price model allows users to engage in financial planning without the worry of short-term price fluctuations.

user avatarAisha Farooq

ATEG Launches Innovative Hybrid Model to Combat Cryptocurrency Volatility

chest

ATEG launches a new digital asset that combines market-driven pricing with real-world usability to tackle volatility in the cryptocurrency market.

user avatarLi Weicheng

Western Digital Delays Transition to HAMR Technology

chest

Western Digital has extended its ePMR technology roadmap, indicating a slower transition to HAMR drives.

user avatarBayarjavkhlan Ganbaatar

Ripple Acquires GTreasury to Boost Treasury Management Solutions

chest

Ripple acquires GTreasury for $1 billion to enhance treasury management solutions.

user avatarTenzin Dorje

Iran Denies Ceasefire Request Amid Ongoing Conflict

chest

Iran has denied asking for a ceasefire in the ongoing conflict, countering US President Donald Trump's claims.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.