MegaETH USDm & Pre-deposit Bridge Launch

MegaETH, in partnership with Ethena Labs, is launching its native stablecoin USDm alongside a pre-deposit cross-chain bridge on November 25, 2025. This event introduces a new mechanism allowing users to deposit Ethereum USDC to mint USDm stablecoins directly onto the MegaETH mainnet (Frontier). The pre-deposit campaign also features a $250 million cap and aims to provide low fees by running the sequencer at cost. The announcement and details are publicly available on the MegaETH official website and Ethena Labs' Twitter channels.

Recent News

Over the past three months, MegaETH has actively developed its stablecoin ecosystem with Ethena's Whitelabel technology powering USDm, aimed at incentivizing network participation and enhancing liquidity. The launch of the pre-deposit bridge represents a significant milestone, facilitating smoother cross-chain asset transfers and increasing usability of USDm. Additionally, the $250M FSFC pre-deposit campaign has garnered community attention, positioning MegaETH as an innovative player in scaling solutions and stablecoin issuance.

Future Plans

MegaETH plans to leverage the USDm stablecoin to align incentives across its network and expand the use of the MegaETH ecosystem. Future goals include increasing TVL and transaction throughput on the MegaETH mainnet via the pre-deposit bridge and related infrastructure. The project seeks to improve user experience with cost-efficient sequencer operation and aim for broader adoption by DeFi applications.

Onchain Data

No verifiable onchain metrics available.

Community Sentiment

The sentiment is generally positive. Community discussions on Twitter highlight excitement about the new USDm stablecoin and the innovative pre-deposit bridge mechanism. Users appreciate the campaign’s potential to streamline cross-chain transactions with comments such as "MegaETH’s USDm launch looks promising for low fee stablecoin use" and "The pre-deposit bridge could be a game changer in Ethereum scaling."

Risk Disclaimer

The event may influence USDm token price due to the new stablecoin launch and pre-deposit bridge mechanics. Users should consider market volatility and project fundamentals before participating.

Sources used

• https://x.com/ethena_labs/status/1991519539822227945
• https://www.megaeth.com
• https://twitter.com/ethena_labs
• https://www.coinlive.com/news-flash/954744