IOTA EVM Launches

The IOTA Network has announced the launch of IOTA EVM, a fully EVM-compatible layer 2 solution for the IOTA network. This introduces features such as smart contracts, cross-chain functionality, parallel processing, and enhanced security against Maximal Extractable Value (MEV). The launch is a significant step toward integrating DeFi with real assets, with partners including LayerZero, Stargate Finance, the Pyth Network, and Supra.