On Tuesday, the Wormhole team announced via X that Mento has selected Wormhole to be its exclusive interoperability provider. Mento operates the world's largest onchain FX stablecoin platform with 15 stablecoins, powering $18B in annualized FX volume for 8M+ users globally.
Mento's stablecoin suite includes major currencies: USD, EUR, JPY, GBP, AUD, CHF, and CAD, all going multichain, powered by Wormhole NTT. This integration enables Mento to expand its mission of bringing the $7.5T daily FX markets across chains, enabling no-slippage FX swaps at institutional scale.
Wormhole is a leading interoperability platform powering multichain applications and bridges at scale. Wormhole’s modular suite of open-source, permissionless protocols and tools is being used by multichain builders to create some of the most popular web3 applications. W is trading at $0.0817, down 2.7% in the last 24 hours.