Hey guys, Mento Labs is making a big move: bringing the $7.5 trillion foreign exchange market to blockchain.
We're solving the problems of traditional forex trading, which suffer from high fees, slow processing times, and bank-dependent transactions. Using blockchain technology, Mento is reimagining this system, enabling global stablecoins to:
✅ 24/7 zero-slippage exchange
✅ One-stop cross-chain liquidity (supports Celo, ETH, and Solana)
✅ Fixed-price market making, instant on-chain settlement, and transparent, verifiable transactions
✅ No crypto knowledge required, MiniPay supports social login and zero-gas transactions.
This isn't a project focused on "issuing stablecoins," but rather a project reimagining on-chain settlement infrastructure.
📊 Data Highlights:
1/ 15 stablecoins have been launched, covering G7 and emerging markets.
2/ Partnered with MiniPay to connect 8 million users and 700 million transactions.
3/ $15B+ in transactions have been settled on-chain.
4/ 200 million transactions per month, with monthly transaction volume exceeding $6 billion.
💥 Backers include HashKey and No Limit Holdings (which is betting on Ethena, Sei, Berachain, etc.).
Mento is becoming the "on-chain foreign exchange settlement layer"—the bridge at the golden intersection of stablecoins and RWAs.
It can be said that stablecoins are not the destination, but a channel of value that transcends national borders.
📈 Foreign exchange is the world's most active financial market, and it's time for it to be on-chain.
