MegaETH said it is building a self-sustaining economic structure that uses revenue from its native stablecoin USDm to subsidize gas fees and buy back MEGA tokens.
\nMegaETH said it plans to bring emerging-market RWAs such as those from Turkey on-chain, offering products with annual yields above 20%% and eventually building an on-chain foreign exchange market.
\nMegaETH said it will seek to expand its ecosystem in South Korea through Moss, an AI-enabled wallet set to launch this month, and gamification-based trading.<\/p>\n
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See more mid- to long-term trend analysisInterview with Shuyao Kong, MegaETH co-founder
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\nUSDm revenue to subsidize gas fees and fund token buybacks
\nEmerging-market RWA push targets on-chain finance
\nAI-enabled Moss wallet set to launch this month
\n\u201cGamified trading can find synergy with South Korea\u201d
\n![\"Shuyao](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/2c2f7f9d-626c-4d01-a8c2-e1ba269267a9.webp\")
Shuyao Kong, MegaETH co-founder and chief business officer. Photo: Kang Min-seung, Bloombergingbit reporter<\/p>\n
\u201cMegaETH is more than technical infrastructure. The core is to build a self-sustaining economic structure in which revenue and liquidity circulate within the ecosystem, centered on our native stablecoin, USDm.\u201d<\/p>\n
Shuyao Kong, MegaETH co-founder and chief business officer, said that in an interview with Bloombergingbit on May 14. MegaETH is a Web3 project backed by Ethereum creator Vitalik Buterin and Consensys founder Joseph Lubin. The company is building a real-time blockchain designed for ultra-fast processing.<\/p>\n
Kong outlined MegaETH\u2019s USDm-based economic model, its strategy for bringing real-world assets from emerging markets on-chain, and its plan to expand the ecosystem through a new wallet, Moss, scheduled for release this month.<\/p>\n
USDm links fee subsidies and token buybacks<\/p>\n
Kong said MegaETH is aiming to build an ecosystem with a stablecoin-based revenue model and its own economic engine, distinguishing it from existing Layer 1 blockchains.<\/p>\n
At the center of that strategy is USDm, MegaETH\u2019s native stablecoin. Backed by BlackRock, USDm serves as the base currency of the MegaETH ecosystem. Revenue generated through USDm is used to subsidize blockchain fees and fund buybacks of the MEGA token.<\/p>\n
\u201cWhen users transact with USDC or USDT on existing blockchains, the revenue goes to issuers such as Circle or Tether,\u201d Kong said. MegaETH, by contrast, uses revenue from USDm to lower users\u2019 network fees or repurchase its native token, MEGA.<\/p>\n
He added that many existing blockchains lack compelling applications and do not have an economic engine to keep the ecosystem running. Unlike chains such as Solana, Near and Ethereum, which he described as closer to technical platforms, MegaETH is structured more like an economic system.<\/p>\n
Emerging-market RWAs in focus, with products yielding more than 20% annually<\/p>\n
MegaETH is targeting emerging markets rather than the more mature market for dollar-denominated tokenized assets. Its strategy is to bring financial assets from Turkey, Latin America and Pakistan on-chain.<\/p>\n
\u201cWhat the market lacks right now is RWA exposure tied to emerging markets,\u201d Kong said. MegaETH plans to bring financial assets from Turkey, Latin America and Pakistan on-chain and scale them, he said, adding that those assets would be a key differentiator for the project.<\/p>\n
One example is Brix, a decentralized finance platform built around Turkish money-market funds. Brix offers products with annual yields of more than 20%.<\/p>\n
MegaETH is also targeting foreign exchange. \u201cThe FX market is the world\u2019s largest financial market, but it requires extremely low latency, which makes it difficult to implement on existing blockchains,\u201d Kong said. With a real-time blockchain architecture and emerging-market RWA onboarding, MegaETH believes it can also build an on-chain FX market.<\/p>\n
New Moss wallet due this month as MegaETH targets South Korea<\/p>\n
MegaETH plans to launch Moss, a new wallet that will serve as a core interface tying the ecosystem together, later this month. Moss is designed to go beyond simple asset custody and act as an integrated interface linking a range of on-chain services with AI functions.<\/p>\n
MegaETH is building a structure that connects its blockchain, dApp ecosystem and wallet within a single framework, unified through the USDm stablecoin. \u201cMoss will serve as an interface connecting the wallet, applications and blockchain environment in a single flow,\u201d Kong said. The company also plans to provide software development kit functions for developers.<\/p>\n
Moss will support session keys, social logins and granular permission structures, he said. It was also designed with AI agents in mind. MegaETH wants to use that foundation to build infrastructure for a programmable \u201cagent economy.\u201d<\/p>\n
Kong also expressed optimism about South Korea, which he described as an ideal market for expanding the gamification-based trading ecosystem MegaETH is trying to build.<\/p>\n
\u201cMegaETH wants to make asset trading itself a more intuitive and enjoyable experience,\u201d Kong said. \u201cThe goal is to create a new kind of asset and user experience on-chain.\u201d<\/p>\n
\u201cSouth Korea has a strong gaming culture, so we see it as a market with a strong fit for gamification-based trading experiences,\u201d he added. \u201cMegaETH is building games, entertainment and game-style trading platforms, and we believe that structure has significant room to expand in the South Korean market as well.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"MegaETH said it is building a self-sustaining economic structure that uses revenue from its native stablecoin USDm to…\n","protected":false},"author":2,"featured_media":16548,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[530,524,534,522,523,529,528,526,525,527,533,531,31,532,33],"class_list":{"0":"post-16547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-korea","8":"tag-bitcoin","9":"tag-bitcoincommunity","10":"tag-blockchain","11":"tag-bloomingbit","12":"tag-coincommunity","13":"tag-coininfo","14":"tag-coininvest","15":"tag-coinnews","16":"tag-coinreview","17":"tag-coinstats","18":"tag-cryptocurrency","19":"tag-ethereum","20":"tag-korea","21":"tag-solana","22":"tag-south-korea"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/16547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=16547"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/16547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/16548"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=16547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=16547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=16547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}