Mars Finance News, according to CoinDesk, crypto exchange Bitso announced the establishment of a subsidiary called Juno, which will issue and manage digital assets including stablecoins. The first token issued by Juno is a fully backed Mexican Peso stablecoin (MXNB), aimed at facilitating cross-border payments and financial transactions in the region. To support the adoption of its stablecoin, Juno launched the Juno Mint platform, providing APIs and tools for businesses to issue, exchange, and convert MXNB, and enabling the entry and exit of fiat currency with Mexico's SPEI banking system.
Bitso to Issue Mexican Peso-Based Stablecoin MXNB on Arbitrum
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