Mento launches on Monad
It introduces native FX markets with the first GBPm/USDm liquidity pool live on the high-performance L1 blockchain. A liquidity incentive program accompanies the launch.
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Multi-currency decentralized stablecoin platform
mento.orgLast updated
In short: Mento expanded to the Monad blockchain, upgraded to V3 with onchain FX improvements, and rebranded its stablecoin suite to a multichain naming model.
It introduces native FX markets with the first GBPm/USDm liquidity pool live on the high-performance L1 blockchain. A liquidity incentive program accompanies the launch.
Introduces CDPs for scalable non-USD issuance, FPMMs for tighter FX trading, and rebalancers for liquidity. CDPs live on Celo; FPMMs and multichain rollout next.
Introduces Fixed-Price FX model with GBPm/USDm pair first. Integrates Wormhole for cross-chain connectivity. Supports high-performance execution and multichain strategy.
All 15 stablecoins change from cXXX to XXXm (e.g., cUSD to USDm). No contract or peg changes required. Effective immediately post-governance.
Mento's first multichain deployment brings oracle-referenced FX markets to Monad, beginning with GBPm/USDm.BERLIN, March 12, 2026 (GLOBE...
The MarketWatch News Department was not involved in the creation of this content. BERLIN, July 29, 2025 (GLOBE NEWSWIRE) -- The foreign exchange (FX) market...
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