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Jun 10, 2026

Ripple and Bitso Launch Mexican Peso Stablecoin MXNB on XRP Ledger for Cross-Border Payments

Ripple and Bitso are expanding their payments partnership by integrating Bitso's Mexican peso-backed stablecoin MXNB onto the XRP Ledger's decentralized exchange, targeting regulated liquidity for cross-border settlement in the US-Mexico corridor.

Jun 10, 2026·3 sources
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Top claims

  • ▪The U.S.–Mexico corridor is one of the largest cross-border payment routes globally, handling billions of dollars in remittances and business payments each year
  • ▪MXNB will be integrated into the XRP Ledger's Permissioned Decentralized Exchange (DEX), which is designed for regulated financial activity with verified counterparties
  • ▪The MXNB stablecoin will be used alongside Ripple's dollar-backed stablecoin, RLUSD, to support cross-border liquidity and settlement

Topics

Decentralized exchange (DEX)StablecoinsStablecoin regulationCross-border paymentsPayment-focused coins

Related entities

United StatesMexico