What is MegaUSD?

MegaUSD is a stablecoin designed for real-time applications on the MegaETH blockchain. It is issued through Ethena's stablecoin framework and aims to be integrated across various wallets, applications, and on-chain services within the MegaETH environment.

MegaETH is characterized as a real-time blockchain secured by Ethereum, utilizing a heterogeneous architecture that facilitates high throughput and low latency. It supports up to 100,000 transactions per second and allows developers to create apps with real-time state streaming. Ethena, the protocol behind MegaUSD, has a notable presence within the DeFi sector, managing significant total value locked (TVL) and enabling various user integrations.