List of Flash News about multichain expansion
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2025-08-16 12:02 |
Mento On-Chain SWIFT FX Tokenization: 454% TVL Surge and 949% Stablecoin Volume Jump After Multichain Expansion in August — Trading Takeaways
According to @ai_9684xtpa, Mento, described as an on-chain Swift for FX tokenization, saw TVL jump 454%, daily active addresses peak above 11,000, and average daily stablecoin trading volume rise 949% in August following a late-July multichain expansion announcement (source: @ai_9684xtpa). The same source notes that while attention has centered on stock tokenization, the FX tokenization track is accelerating, with Mento’s cross-chain push driving broader activity (source: @ai_9684xtpa). For execution, higher liquidity and volumes generally reduce slippage and tighten spreads on AMMs, improving trade routing for active strategies (source: Uniswap documentation). |