Internet reports that MegaETH, an Ethereum expansion solution developed by MegaLabs, is launching a stablecoin called USDm on the chain. The stablecoin aims to replace traditional sorter margins and use reserve proceeds to cover network operating costs. The model, built by MegaETH in partnership with decentralized financial protocol Ethena, aims to coordinate on-chain and ecosystem incentives by running sorters at cost and keeping user and developer transaction fees low and stable. Currently, multiple Layer2 networks generate revenue by adding a premium on sorter fees. USDm aims to solve this problem: When the project is launched on the main network, it will use the stablecoin reserve income to pay for shared network costs.