We're live on Polygon (@0xPolygon) 🎉
Mento deploys its decentralized FX infrastructure on one of crypto's leading stablecoin ecosystems, starting with a USDm/EURm pool. 🧵
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@MentoLabs
Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
Celo @CeloCelo's fast, low-cost rails support 32+ stablecoins across 19 currencies for cross-border payments, remittances, FX & more Global Head of Stablecoins @MarkusMento & @MorganStanley's Michael Infante discuss @MentoLabs & the potential of onchain FX for efficient, 24/7 trading ↓
Capa @capa_fiCapa joins @MentoLabs as a launch liquidity partner on @0xPolygon, backing their USDm/EURm pool from day one and giving users and builders access to a more complete stablecoin market structure beyond dollar-only liquidity. 🗣️ We're also adding EURØP by @Schuman_io as a reserve asset for EURm, bringing regulated euro liquidity on-chain.
Agora @withAUSDAUSD is now a USD reserve asset in the @MentoLabs reserve, with programmatic rebalancing across chains. Fully reserved. Managed by VanEck and custodied at State Street.