Hello August! It's the first day of the new month, good evening, brothers. I have to drop some bombshell news for you — there's a tough character called "@MentoLabs". You might not have heard of it yet, but it has quietly taken stablecoin and cross-border transfers to new heights!

The global foreign exchange market swings a staggering $7.5 trillion every day, and it is not an exaggeration to call it the "center of the financial universe." However, this giant comes with a host of "old problems": transaction fees pile up like layers of an onion, transfers take so long that they can wear down your patience, and cross-border operations are complicated enough to make you want to give up... Until Mento burst onto the scene with blockchain technology, carving out a new path in this trillion-dollar market — while others merely move stocks onto the blockchain, it boldly dares to put foreign exchange on-chain, truly being the first to take the plunge!

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Who exactly is Mento Labs?
In simple terms, it's the "digital transformation master" of the traditional foreign exchange market! With the combination of stablecoin + RWA, it pulls foreign exchange trading into the blockchain era: 24/7 currency exchange, zero slippage on conversion smoother than buying water in a supermarket, and cross-chain operations as easy as switching mobile apps. It has now managed 15 types of stablecoins, teamed up with MiniPay to attract over 8 million users, and quietly settled 15 billion dollars. Behind it, top institutions are backing it, busy with multi-chain upgrades and the V3 version, with just one goal — to make foreign exchange trading as simple as scanning a code to pay!
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How does Mento break the deadlock when a 75 trillion market meets blockchain?
Who hasn't encountered those annoying issues in traditional foreign exchange? Ordinary people have to wait T+2 or even T+5 to exchange currency, and the fees can be painful; for companies making cross-border transfers, the process can go around the globe and there’s always the worry of exchange rate fluctuations. With Mento, all of that is turned upside down: 24/7 year-round service, on-chain settlement completed in the blink of an eye, zero slippage when exchanging stablecoins from various countries, and even large transactions can be processed in seconds. In regions with unstable currencies, it has become a "lifesaving tool"— locals use it just like Alipay, handling daily transfers and cross-border remittances effortlessly, while also avoiding the pitfalls of local currency depreciation. Just look at the collaboration with MiniPay: over 8 million real users, 700 million on-chain transactions, each one goes through KYC, making it solid and reliable. It’s not some castle in the air, but a practical tool rooted in everyday life!
What's even more remarkable is its token mechanism: the more active the trading, the more aggressive the fee buyback and burn, making the tokens scarcer. The path to value capture is clear, and as the ecosystem thrives, the tokens naturally increase in value. This design is simply a dimensionality reduction strike among similar projects!
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Look at these data to see how powerful it is:​
Ten million dollar level large transactions? Zero slippage solved instantly, liquidity as smooth as driving a sports car in the forex market; 15 types of stablecoins covering mainstream currencies + emerging market coins, as thoughtful as carrying a global wallet; teamed up with MiniPay to create 700 million transactions and 15 billion dollars in settlement amount, real-time data here 👉 "We mean business"!

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The future of Mento is even more worth looking forward to!

Once the multi-chain platform blueprint is implemented and the V3 version of the CDP infrastructure is activated, coupled with collaborations with big players like Wormhole and Chainlink, the "global foreign exchange 24/7 zero-threshold liquidity" might just turn from a dream into reality. Just think, in the future, cross-border transfers could be as ubiquitous as QR code payments, making low-cost currency exchange no longer a luxury. Isn't this operation appealing enough? A project that has been operating steadily for three years and is recognized by top institutions, with every step hiding the obsession of "making foreign exchange trading simpler." As August just begins, this formidable player that is rewriting financial rules, are you sure you don't want to catch up and take a look?
#Mento # stablecoin