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We've added Agora's AUSD (@withAUSD) to the Mento reserve.
This represents another dollar asset backing our FX infrastructure, and the new default USD collateral, with reserves now rebalancing across chains automatically. 🧵
Mento (fx/acc)
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Mento (fx/acc)
@MentoLabs
Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
- Mento (fx/acc) reposted
"You'll have a lot more people that will start paying in stablecoins at some of these local places, because hey, I can pay with an Argentine peso stablecoin, a Brazilian Real stablecoin." @werningfacundo, Head of LatAm at @withAUSD, at CDMX shares, where the @MentoLabs
00:00AUSD 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. - Mento (fx/acc) reposted
🌐 UPDATE: AUSD is added as a reserve asset by @MentoLabs @withAUSD 's AUSD stablecoin is now officially available as a reserve asset on Mento. The platform for FX onchain using stablecoins is able to select AUSD to mint USD conversion and increase protocol liquidity. It is - Mento (fx/acc) reposted"Agora just got a lot more powerful because we have this close relationship with Mento." @werningfacundo, Head of LatAm at @withAUSD, explained why a dollar issuer wants its asset inside someone else's FX engine. "Mento does synthetic FX. They hold US dollar stablecoins, then
00:00We've added Agora's AUSD (@withAUSD) to the Mento reserve. This represents another dollar asset backing our FX infrastructure, and the new default USD collateral, with reserves now rebalancing across chains automatically. 🧵 - Replying to @MentoLabsAlmost all onchain stablecoin volume is still dollar-to-dollar. FX between currencies is the next wave and we're building the infrastructure that moves those markets onchain. A stronger dollar reserve is how it scales. Read the full blog post here: mento.org/blog/www-mento…
- New Project Report: January - May 2026 We know it can be hard to keep up with everything happening: updates are scattered across X, blog posts, governance forums, newsletters, Discord, etc. So we're kicking off regular project reports to pull everything into one place. The
Replying to @MentoLabsWe're extending our liquidity campaign for selected pools on Monad via @merkl_xyz and will keep it running on an ongoing basis. Check here for details about the campaign:- Mento (fx/acc) reposted
Onchain FX on @Celo, in one tweet: 💵 Stablecoins for 15+ currencies (USD, EUR, JPY, KES, NGN, BRL, COP, ZAR+ more) via @MentoLabs and others 🏦 Native USDC, USDT, and soon USAT 🔁 Spot via @Uniswap v4 hooks and Mento's new DEX 📈 FX perps on @Updown_xyz - Today we're launching the Onchain FX Initiative. An open, ecosystem-driven effort to showcase, connect and accelerate everyone building FX onchain.Replying to @MentoLabs @WhartonBDAP and 3 othersIf you are a project building FX onchain, reach out. We want to include you in the registry and connect you to others.
