MegaETH to Use Stablecoin Yields for MEGA Token Buybacks

MegaETH has announced plans to utilize the yield generated from its native stablecoin to repurchase MEGA tokens. The announcement was made on the X platform, highlighting a strategic move to potentially enhance the value of MEGA tokens by reducing their circulating supply. This initiative reflects a growing trend among crypto projects to leverage stablecoin yields for token buybacks, aiming to bolster investor confidence and support token price stability.