Do you know the scale of global foreign exchange trading every day? The daily trading volume is approximately $7.5 trillion.
What $MENTO is doing is bringing this "behemoth" onto the blockchain.
No barriers, 24/7, zero slippage, instant swaps between stablecoins of different currencies, as smooth as swapping dollars, euros, and yen directly on the chain with Uniswap—but this requires extremely high liquidity.
The traditional foreign exchange market requires T+2 settlement and charges high fees; #MENTO is based on FPMM (Fixed Price Market Making) + oracle matching, where trade matching is settled instantly. The MiniPay collaboration allows it to even be used by non-crypto users as a "blockchain Alipay," with 8 million wallet users and $15 billion settled through $MENTO.
Currently, it supports 15 stablecoins, covering G7+ major emerging markets.
In terms of institutional backing, investors include stablecoin veterans HashKey and NLH (which have invested in projects like Ethena / Sage / Sei / Berachain, etc.).
With over three years since launch, PMF is clear, the product is operational, and it is currently in the expansion phase, with V3 and CDP mechanisms about to go live.
Stablecoins + RWA is widely recognized as a major track, and foreign exchange is its most natural real demand landing scenario.
#MENTO may be one of the few teams that have successfully established the "on-chain foreign exchange market."
