We asked @0xBreadguy about the @megaeth_labs and @ethena_labs partnership on USDM.
The criticism has been "bro it's just T-bill yields" with USDtb under the hood but it's not quite that simple.
Bread explains in detail:

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As the crypto market slowly recovers, the ZK coins group has emerged as a bright spot. Zcash (ZEC) – the pioneering privacy coin – has just recorded an impressive increase of more than 60%, leading to the...

ZEC Breaks Out More Than 60%, PROVE Benefits From ZK Wave?

October began with a strong rebound in the crypto market. Several key indicators suggest that this month, dubbed "Uptober" by investors, appears to be fulfilling the historical pattern of "October's guaranteed rise."
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Market Sentiment Reversal
In the first two days of October, the crypto market experienced a massive short liquidation. According to CoinGlass data, over $700 million in short positions were forced to close globally, including a $11.61 million short position on Ethereum on Hyperliquid.
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700 million short positions wiped out in two days, is Bitcoin's "Uptober" coming true?

Crypto exchange-traded funds (ETFs) are continuing their positive streak this week, recording consistent green daily inflows since September 26.
As usual, BlackRock is dominating the landscape, having...