June 21, 2025 ☼ Crypto ☼ Payments
This concept note outlines a new model for a cross-border stablecoin exchange where all trades are routed through Mondeum, a global basket token backed by fiat currency stablecoins from around the world. It introduces a three-layered system to separate token risk and treasury risk and manage pricing and liquidity. The goal is to enhance swaps between stablecoins backed by different fiat currencies and lay the foundation for the next phase of stablecoin adoption. We walk through the rationale, architecture and rollout roadmap.