Foreign Exchange Market - The largest and most active financial market in the world, with an average daily trading volume of $7.5 trillion, yet it still remains in the old era of T+2 settlements, 5×24 hours of trading, and high transaction fees.
But #MENTO will change all of this!
#MENTO brings foreign exchange trading on-chain, using stablecoins + RWA to achieve:
1️⃣ 7×24 hours of all-weather trading, no bank holidays, no time zone limitations
2️⃣ Zero slippage, fixed exchange rates, large transactions can be executed instantly
3️⃣ On-chain instant settlement, saying goodbye to the T+2 delays of traditional foreign exchange
4️⃣ Cross-chain liquidity pool, seamlessly connecting Celo / ETH / Solana, saying goodbye to fragmentation
I think the more critical point is - this is not a future concept, but a product that has already been validated:
📌 15 types of stablecoins covering G7 + emerging markets (cUSD, cEUR, cJPY, cNGN…)
📌 Cumulative trading volume of $15 billion+, with May's monthly trading volume exceeding $6 billion
📌 Over 8 million users use Mento stablecoins for daily payments through MiniPay
Why are many people focusing on $MENTO now?
🔹 Hitting two super tracks: stablecoins + RWA, exchanges are recently competing for this type of project
🔹 Top capital bets: Hashkey Capital, NLH (invested in Ethena, Sei, Berachain)
🔹 Real adoption scenarios: African and Latin American users have replaced fiat currency inflation with Mento stablecoins
🔹 Clear token economy: transaction fee buybacks and burns, clear value capture
✔ Cross-chain expansion (Wormhole cooperation has been officially announced)
✔ V3 whitepaper release, introducing CDP collateral model
✔ More exchange listings expected
The foreign exchange market is being reborn on-chain, and $Mento is defining the rules.
If you missed the Uniswap disruption of exchanges, don’t miss the DeFi revolution in the foreign exchange market this time.