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Mento Magazine Q4 2024

Mento Magazine Q4 2024

GMento and welcome to the final edition of Mento Magazine in 2024!

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The last quarter of the year has been a busy time for the Mento Labs team, reaching new milestones, growing the Mento Community & celebrating the β€œ12 Days of Mento” to kick off the holiday season. We are excited that Mento stablecoin adoption is accelerating & we are thankful for our partner ecosystem in driving adoption of real-world use cases for digital assets!

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October News & Events

This month Mento Labs marked its second anniversary! This is a perfect moment to reflect on our Mento journey, which began five years ago at cLabs. πŸŽ‚

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Mento Labs announced its $10M raise amidst significant growth & milestones, including a roadmap introducing new local currency stablecoins across Africa, Asia, & Latin America. Mento is one of the industry’s most-used stablecoin platforms in the world, with over 4 million users and 500K+ Daily Active Users (DAUs). πŸ“£

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Celo Colombia announced the launch of cCOP, a decentralized local currency stablecoin for Colombia on Celo. πŸ‡¨πŸ‡΄

Mento's 2nd anniversary and Markus Franke presenting at Binance Blockchain Week

Event Highlights

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November Event Highlights

Mento Labs team event highlights from Devcon and the PUSOΒ launch
  • OpenFi Bangkok, Markus participated in a panel on β€œMapping the LATAM OpenFi Ecosystem.” πŸ‡ΉπŸ‡­
  • PUSO event in Manilla, Markus met with the Mento Community. πŸ‡΅πŸ‡­

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December News

User survey: To gain deeper insights into stablecoin usage in Africa, we recently conducted a community survey. The data we gathered from over 600 respondents across the continent will help shape future development of the Mento Platform & ensure we are meeting the needs of stablecoin users. Discover our survey results. 🌍

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We have been getting into the holiday spirit by celebrating our partners throughout the β€œ12 Days of Mento.” This year’s highlights include Pretium, Fonbnk, Valora, Haraka, Payd, Paychant, BitGifty, MiniPay, Squid, Kotani Pay, & more! πŸŽ‰

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β€˜Tis the season for giving! MiniPay users can now make charitable donations in cUSD with a few clicks directly from their MiniPay wallet! A few dollars can make a big difference in support of CodeYetu, an organization of volunteers that teach children in Kenya how to code. Learn more. πŸ’

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Wishing you and your loved ones Happy Holidays from the Mento Labs team!

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