MegaUSD (USDm) has now gone live on the Frontier private mainnet. This native stablecoin initiative, developed in collaboration with a major stablecoin protocol, marks a significant milestone in the ecosystem's infrastructure expansion.



What's noteworthy here is the technical infrastructure supporting the launch. RedStone has stepped in as the inaugural oracle provider to enable live support for MegaUSD on mainnet. This early oracle integration underscores the importance of reliable price feeds and data infrastructure in stablecoin operations.

The combination of a new stablecoin design with established oracle technology suggests a thoughtful approach to ensuring stability and data accuracy from day one. As the ecosystem continues to develop, such infrastructure partnerships will likely remain critical to managing risks and maintaining protocol reliability.
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SatsStackingvip
· 20h ago
Another stablecoin launches, RedStone acts as the oracle... alright, let's see how long it can last.
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TokenEconomistvip
· 20h ago
actually, let me break this down - redstone as *the* oracle provider from day one? think of it like traditional banking's settlement systems, but here we're talking about price feed reliability as the actual moat. the key variable here is whether they've stress-tested this against flash loan scenarios, ceteris paribus everything else holds fine.
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CoffeeNFTradervip
· 20h ago
Another stablecoin is launching, RedStone is here to provide the oracle, the approach is pretty much the same.
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TokenomicsDetectivevip
· 20h ago
Another stablecoin is launching, RedStone is serving as the oracle, and the setup looks pretty good.
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GasFeeCrybabyvip
· 20h ago
RedStone as an oracle provider is pretty good, but there's another stablecoin coming? The ecosystem still has to keep innovating.
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