PANews reported on June 4 that according to the IOTA announcement, the IOTA EVM mainnet was launched, which is a Layer 2 solution for the IOTA network that is fully compatible with the Ethereum Virtual Machine (EVM). Since its first release on Shimmer in September 2023, IOTA EVM has undergone a lot of improvements, testing and audits. This version introduces features such as smart contracts, cross-chain functions, parallel processing, and enhanced security of miner extractable value (MEV). Users can connect through MetaMask and explore the network with the Firefly wallet. IOTA EVM will focus on the RWA direction, and its partners include LayerZero, Stargate Finance, Pyth Network and Supra.