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Bitso Launches Stablecoin, Backed By Mexican Peso for Latin America
- Bitso has launched its stablecoin operations through its subsidiary Juno.
- Juno has issued MXNB, a stablecoin fully backed by the Mexican peso.
- MXNB operates on Ethereum's Arbitrum, enabling faster and cheaper cross-border payments.
- Stablecoins in Latin America address economic challenges and offer reliable means of payment.
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