The foreign exchange (FX) market, a gargantuan market that transacts more than $7.5 trillion each day, faces a similar issue of legacy infrastructure. This infrastructure leads to slow transactions, market fragmentation and downtime on weekends. One key player in decentralized finance (DeFi) is taking these tangles, knots, and mishaps to...
DeFi's been promising a revolution, right? Let’s be honest, it’s been more like a great science fair project that could revolutionize the planet at some point in the distant future. We’ve experienced the hype, the hacks and head-scratching complexity. Something's shifting. Something that could actually make DeFi...useful.Traditional FX Is A...
Okay, let's be honest. Foreign exchange (FX) trading might have originally felt like an industry limited to wolves of wall street. It painted a picture of old men in suspenders yelling at telephones. Think back to the last time you sent money to your cousin in Europe. Those fees were...
Mento, a key FX infrastructure within the Ethereum Virtual Machine (EVM) ecosystem, has announced a strategic partnership with Wormhole, a leading interoperability platform. The collaboration seeks to expand Mento's onchain FX capabilities beyond Celo, enabling real-time, decentralized currency exchange across more than 40 blockchains. This partnership aims to modernize the...
