The Stablecoin Powering Real-Time Apps on MegaETH
Powered and backed with market-tested tokenized dollar products created by Ethena Labs
Request DemoUSDtb, invested in BlackRock's BUIDL
The Challenge
Most L2s rely on margin from sequencer fees, creating misaligned incentives. Higher activity often means higher costs for users, discouraging growth.
THE MegaUSD SOLUTION
MegaUSD funds sequencer operations, not user fees.
New design space
Low fees enable apps that weren't possible before. From micro-transactions to complex DeFi protocols, developers can build without worrying about gas costs limiting user adoption.
Aligned incentives
Network grows as activity scales. Validators and users benefit together, creating sustainable growth and long-term value for all participants.
At-cost gas
Predictable, sub-cent fees that scale with network usage. No more gas spikes or failed transactions due to network congestion.
HOW MegaUSD WORKS
Reserve Composition
Reserves comprised of USDtb, backed by BlackRock's BUIDL, and liquid stablecoins to support on demand redemptions.
Reserve Flexibility
USDm can adapt its backing mix over time, with the ability to integrate other Ethena assets (such as USDe) in the future.