Ripple Brings MXNB Mexican Peso Stablecoin to XRP Ledger on June 13

XRP-0.10%
According to Ripple, the company expanded its partnership with Bitso on June 13 to bring MXNB, a regulated Mexican peso stablecoin, onto the XRP Ledger's Permissioned DEX. The stablecoin will operate alongside RLUSD, Ripple's U.S. dollar-backed stablecoin, enabling near-instant settlements between dollar and peso-backed digital assets across the U.S.-Mexico remittance corridor, one of the world's largest payment channels.
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