# Bringing FX Onchain: Mento’s Plan to Disrupt $7.5T Daily Market

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2025-10-07
- Duration: 07:14
- Watch: https://streameth.org/watch/yt-p3SPed9t9S0
- YouTube: https://www.youtube.com/watch?v=p3SPed9t9S0

## Description

"Mento is infrastructure for local currencies and global use cases." - Markus Franke, CEO, Mento Labs

The FX market moves $7.5 trillion daily but it’s still offline, slow, and inaccessible. Mento is changing that. With 15+ currencies live and more on the way, Mento enables users to swap at real FX rates, settle instantly, and operate without banks. This episode explores how Mento brings borderless, multichain infrastructure to unlock FX for entrepreneurs, traders, and DeFi ecosystems around the world.

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00:00 FX Is Ripe for Disruption
00:34 The $7.5T Daily Market
01:10 Mento’s Multi-Currency Setup
01:41 Problems with Traditional FX
02:09 Why DeFi Needs Better Infrastructure
02:45 AMMs vs. Interbank FX Rates
03:19 Why Local Currencies Struggle
03:50 Building Permissionless FX Infrastructure
04:26 The Real Market Opportunity
05:03 Combining FX Rates with Stablecoins
05:34 Unlocking More Than Just Trading
06:08 Local Lending and Global Trade
06:39 What’s Next for Onchain FX

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About: 
By Stake Capital Group and Party Action People, and presented by Curve Finance, Stable Summit has been gathering leaders in stablecoins almost quarterly since 2023. Our content is curated through hours of one-on-one research with the leading minds in the stablecoin space. Each program is a highlight reel of what leaders in stables are curious about in real time. Our audience consistently features the full spectrum of the stablecoin ecosystem, from DeFi protocols to institutions, from stablecoin issuers to central banks, and every llama in between.
