IOTA's EVM mainnet has been launched, introducing smart contracts, cross-chain and other functions
On June 4th, according to the IOTA announcement, the IOTA EVM mainnet is online. This is the Layer 2 solution that is fully compatible with the Ethereum Virtual Machine (EVM) for the IOTA network. Since its first release on Shimmer in September 2023, the IOTA EVM has undergone numerous improvements, tests, and audits. This release introduces features such as smart contracts, cross-chain capabilities, parallel processing, and enhanced miner extractable value (MEV) security. Users can connect through MetaMask and explore the network using the Firefly wallet. The IOTA EVM will focus on the RWA direction, with partners including LayerZero, Stargate Finance, Pyth Network, and Supra, among others.