Mento Magazine Q4 2024
December 20 2024
by Victoria Calmon
GMento & welcome to the final edition of Mento Magazine in 2024!
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 “12 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!
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. 🎂
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). 📣
Celo Colombia DAO announced the launch of cCOP, a decentralized local currency stablecoin for Colombia on Celo. 🇨🇴
Event Highlights
- Blockchain Banter: “Bringing Stablecoins to the World - One Local Currency At A Time” featuring Markus. 🎙️
- Binance Blockchain Week Dubai, Oct 30-31, Markus presented the Mento stablecoin roadmap. 🇦🇪
November Events
Event Highlights
- MiCAR workshop, hosted by Celo Europe DAO featuring Sandra. 🇪🇺
- Devcon SEA in Bangkok. 🇹🇭
- unStable Summit Bangkok, Bogdan presented a keynote with Mobile Stack. 🇹🇭
- OpenFi Bangkok, Markus participated in a panel on “Mapping the LATAM OpenFi Ecosystem.” 🇹🇭
- Celo Gather Bangkok, Bogdan presented with Mobile Stack. 🇹🇭
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. 🌍
We have been getting into the holiday spirit by celebrating our partners throughout the “12 Days of Mento.” This year’s highlights include Pretium, Fonbnk, Valora, Haraka, Payd, Paychant, BitGifty, MiniPay, Squid, Kotani Pay, & more! 🎉
‘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. 💝
Wishing you and your loved ones Happy Holidays from the Mento Labs team!
Events in Q1 2025
Where to meet Mento Labs in Q1:
- CfC St Moritz, January 15-17🇨🇭
- Africa Tech Summit Nairobi, February 12-13 🇰🇪
- ETHDenver, February 23-March 2 🦬
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