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Per Woofun AI, Ripple and Bitso have deepened their strategic partnership to facilitate stablecoin-based settlements for Latin American enterprises. The Mexican peso-pegged stablecoin MXNB, issued by Bitso, will be listed on the XRP Ledger and integrated into Ripple’s decentralized exchange payment infrastructure.
This integration positions MXNB alongside Ripple’s own stablecoin, RLUSD, to provide enhanced liquidity and settlement services. The move specifically targets cross-border payment flows between the United States and Mexico, leveraging the XRP network to streamline transactions for regulated financial services.