Is traditional forex trading too complicated? Trading is only available 5 days a week for 24 hours, transfers can take several days to arrive, fees are opaque, and switching currencies requires navigating different chains and pools...
But Mento has solved all these problems. It's like moving the global forex market onto the blockchain, allowing trading 24/7 at any time, even for single transactions of tens of millions of dollars, which can be completed instantly with zero slippage. You can also seamlessly switch across chains like Celo, ETH, and Solana with just one click.
Now there are already 15 stablecoins available, including currencies from G7 countries such as the Japanese Yen, British Pound, and Australian Dollar, as well as emerging market currencies like the South African Rand and Nigerian Naira.
Moreover, this is not a new idea; Mento has been around for over 3 years and the product is quite mature:
- A cumulative settlement of $15 billion, with a single month in May this year reaching a trading volume of $6 billion and a transaction count of 200 million.
- Partnered with MiniPay, connecting over 8 million users and completing 700 million on-chain transactions.
Its governance token also has a fee buyback and burn model, and institutions like Hashkey Capital and No Limit Holdings (which have invested in well-known projects like Ethena) have backed it. Many exchanges are now focusing on the stablecoin sector, and expectations for Mento on major exchanges are quite high.
Want to experience the convenience of on-chain forex trading? You can check out $MENTO.
Brothers, hurry up and dive in!