24/7 FX UNLOCKED + STANDARD CHARTERED BETS $18M ON STABLECOINS

Mento-Wormhole brings always-on FX to 40+ chains, Standard Chartered's Zodia raises $18.25M for institutional stablecoin infrastructure, Due extends to $7.3M with API platform—covered on The Daily Yield

Zach Fowler
July 30, 2025

Wednesday's stablecoin developments:

Mento partners with Wormhole for 24/7 multi-chain FX: Protocol behind cUSD/cEUR expands 15+ fiat stablecoins across 40+ blockchains including Solana/Ethereum, processing $1.5B Q1 volume while traditional $7.5T daily FX remains constrained by banking hours.
Standard Chartered's Zodia Markets raises $18.25M Series A: Bank's majority-owned platform secures funding for regulated stablecoin FX infrastructure, targeting institutional wholesale trading and cross-border settlement with Circle partnership for liquidity.
Due extends to $7.3M with stablecoin API launch: London fintech founded by Revolut alumni more than doubles original raise, launches embeddable API for global fiat-stablecoin transactions targeting Web3 businesses and traditional financial institutions.

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7/30 — Onchain FX with Mento and Wormhole, Zodia Markets Recent Funding, & LIVE interview with Due Network

The Daily Yield 💸 · Episode

open.spotify.com/episode/0VOpRc2b7dXYxSWsJR2vfa?si=99350174bba34692

Stay Stable,
The Stabledash Team

_{This content is for informational purposes only and does not constitute financial, investment, or legal advice.}

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— stabledash (@stabledash)
6:08 PM • Jul 30, 2025

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