Mento Protocol (Mento), the leading decentralized FX infrastructure that processed USD 18.5B in trading volume in 2025, has been deployed on Polygon. The launch brings Mento stablecoin markets to one of crypto’s leading stablecoin ecosystems, starting with the USDm/EURm pool as the first FX trading pair. The EUR/USD pair accounts for ~USD 2T of the USD 9.5T traded daily across global FX markets, making it the single deepest currency pair in the world.
Stablecoin activity remains largely concentrated in USD-denominated assets. This is shifting. Polygon has become one of the leading networks where local-currency stablecoin markets are finding real payment scale, with more than USD 11.1B in lifetime non-USD stablecoin transfer volume and over 43% of non-USD stablecoin transfers across major blockchains.
Read more: cointelegraph.com
Source: CRYPTO WORLD NETWORK NEWS
