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BTCC / BTCC Square / Global Cryptocurrency /
Bitso Launches Stablecoin Business with MXNB Token

Bitso Launches Stablecoin Business with MXNB Token

Author:
Global Cryptocurrency
Published:
2025-03-26 14:18:02
13
1
Bitso, a crypto exchange focusing on Latin America, has entered the stablecoin market with its subsidiary Juno. Juno will issue and manage digital assets, starting with a fully-backed Mexican peso stablecoin (MXNB) deployed on Ethereum layer-2 Arbitrum. The token aims to facilitate cross-border payments and financial transactions between businesses across the region. Ben Reid has been appointed as head of stablecoins to drive Bitso’s ambition in this market. Stablecoins have become a nearly $230 billion asset class and are one of the biggest success stories in crypto adoption.

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