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Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments infrastructure. The effort focuses on the U.S.-Mexico corridor and aims to support regulated dollar-peso liquidity for institutions. XRP Ledger Deal Pushes Stablecoins Deeper Into US-Mexico Settlement Cross-border payments are becoming a major test case for regulated […]
Ripple has expanded its payments infrastructure in Latin America by bringing Bitso’s Mexican peso-backed stablecoin, MXNB, onto the XRP Ledger and integrating the asset into its enterprise payment network. According to a June 11 press release by the Ripple team,…
Ripple and Bitso's stablecoin launch could streamline US-Mexico remittances, enhancing financial inclusion and compliance in cross-border payments. The post Ripple and Bitso launch peso-backed stablecoin on XRP Ledger for cross-border payments appeared first on Crypto Briefing.
Ripple and Bitso are expanding their partnership, adding more context to RLUSD and the XRPL.
The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America.
