Quick addition: With the amazing news of native USDC now being live on Celo that came out yesterday, I would suggest to also migrate from axlUSDC (Axelar) in Mento to native USDC to avoid the now unnecessary bridge risk as part of this proposal. More precisely, I propose to set up the same broker pairs Mento has right now for axlUSDC (which are cUSD/axlUSDC, cEUR/axlUSDC and cBRL/axlUSDC) agains native USDC and use the same exact parameters for these three new pairs as we currently have for the respective axlUSDC pairs. To slowly fade out support for axlUSDC, the reserve shall then, going forward, only refill the ReserveProxy with native USDC (and not axlUSDC).
Please share your thoughts on this below if you have any!