CHFm, issued by the Mento Protocol smart contracts under the governance of its protocol tokenholders, is a stablecoin that references the Swiss Franc (CHF) and circulates as a transferable digital token on public blockchain networks.

Holders of CHFm hold a digital token whose intended reference value is the Swiss Franc (CHF), the official currency of Switzerland, recorded as the reference asset for this token. Each unit represents a CHF-referenced balance that transfers between addresses on supported public networks. The reserve composition, the peg ratio, the yield or accrual treatment, and any fees borne by the holder are not established by a citable issuer source and are therefore not represented here.

CHFm is not issued by a single corporate entity; it is created and administered onchain through protocol smart contracts rather than by a named legal issuer. The issuer legal entity, jurisdiction of formation, applicable regulator or license regime, the legal form of the tokenholder's claim, eligibility and offering restrictions, redemption rights, and any custodial or security arrangement protecting tokenholders are not established by a citable issuer source and accordingly are not represented in this entry. Because no issuer documentation could be sourced within scope, this description states only the asset identity recorded in the registry and the protocol-issued character of the token.

CHFm exists as a token recorded on public blockchain networks and transfers between addresses through standard onchain transactions confirmed by the underlying networks. The specific token standard, the named blockchain networks supported, the mint and burn mechanics, the settlement timing, and any oracle or price-publication mechanism are not established by a citable issuer source and are therefore not represented in this entry.

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Stablecoins

Mento maintains the exchange mechanism on Celo that issues local-currency stablecoins (cUSD, cEUR, cBRL, cKES) backed by a diversified on-chain reserve, earning revenue through trading spreads on minting and redemption.

Mento Labs builds multi-currency stablecoin infrastructure for the Celo ecosystem, issuing cUSD, cEUR, cREAL, and cKES with a decentralized FX trading platform.

Mento Labs is a team of economists and engineers spun out of the core Celo development team, led by CEO Markus Franke.

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Stablecoin issuers

Mento Labs

Mento Swiss Franc (CHFm) is a Swiss Franc stablecoin issued by Mento Labs.

Holders can mint and redeem directly with Mento Labs.

CHFm has been issued on Celo as an ERC-20 token since May 2025.

Mento Swiss FrancCHFm

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