Bitso Launches Juno and MXNB Stablecoin for Cross-Border Payments

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In a strategic move to transform financial connectivity across Latin America, Bitso Business has unveiled Juno, a dedicated subsidiary focused on stablecoin innovation. At the heart of this initiative is MXNB, a new stablecoin fully pegged to the Mexican peso (MXN), designed to streamline cross-border transactions through blockchain technology.

Launched on the Arbitrum network—an Ethereum Layer 2 scaling solution—MXNB leverages fast, low-cost transactions while maintaining full fiat backing. This development marks a significant step toward modernizing regional payment systems, reducing reliance on traditional banking bottlenecks, and empowering businesses with real-time financial tools.

Revolutionizing Cross-Border Payments with MXNB

Cross-border payments have long been plagued by high fees, slow processing times, and lack of transparency. MXNB addresses these pain points by offering a digital alternative that operates 24/7, settles in seconds, and maintains a 1:1 reserve ratio with Mexican pesos held in regulated financial institutions.

👉 Discover how blockchain-powered stablecoins are reshaping international finance.

Built within Juno’s ecosystem, MXNB is supported by the Juno Mint Platform, a comprehensive infrastructure enabling businesses to issue, redeem, and manage stablecoins seamlessly. The platform provides both web-based interfaces and API integrations, allowing fintechs, payment processors, and institutions to embed MXNB into their services with minimal friction.

This level of accessibility opens doors for:

By combining regulatory compliance with cutting-edge technology, Juno positions MXNB as a trusted bridge between traditional finance and the digital economy.

The Role of Stablecoins in Global Finance

Stablecoins have emerged as critical tools in the evolution of global financial infrastructure. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, stablecoins offer price stability by being backed by real-world assets—typically fiat currencies like the US dollar or, in this case, the Mexican peso.

Ben Reid, newly appointed Head of Stablecoins at Bitso Business, underscores their transformative potential:
“Stablecoins provide a fast, cost-effective, and transparent fiat-pegged alternative. MXNB enables global companies to do business in LatAm more efficiently.”

With rising adoption worldwide—from corporate treasury usage to remittance corridors—stablecoins are no longer niche instruments but foundational components of modern finance.

For Latin America, where underbanked populations and fragmented banking systems persist, stablecoins like MXNB can drive financial inclusion and economic participation. They allow individuals and SMEs to access global markets without intermediaries, reducing costs and increasing speed.

Why Arbitrum? Speed, Scalability, and Sustainability

Juno’s decision to launch MXNB on the Arbitrum network is strategic. As an Ethereum Layer 2 solution, Arbitrum inherits Ethereum’s security while drastically improving transaction throughput and lowering gas fees.

Austin Ballard, Partnerships Manager at Offchain Labs (the team behind Arbitrum), highlighted the synergy:
“This collaboration will drive product development and expand stablecoin adoption across Latin America.”

Arbitrum enables:

This partnership not only ensures technical robustness but also aligns with long-term scalability goals for Juno’s expanding suite of financial products.

Transparency and Trust: Core Pillars of MXNB

For any stablecoin to gain widespread trust, transparency is non-negotiable. Juno reinforces confidence in MXNB through:

The Juno Mint Platform further enhances accountability by providing real-time visibility into issuance and redemption activities. Financial institutions and corporate clients can monitor flows programmatically via APIs, ensuring seamless reconciliation and reporting.

👉 Explore how transparent reserve models are building trust in digital finance.

Use Cases Driving MXNB Adoption

MXNB isn’t just another digital currency—it’s a purpose-built financial instrument targeting specific market needs:

1. International Remittances

Latin America receives over $100 billion annually in remittances. MXNB allows senders abroad to transfer value instantly and affordably, with recipients receiving funds directly in peso-denominated digital form—bypassing costly exchange fees and delays.

2. Fintech Integration

Fintech platforms can integrate MXNB via Juno’s APIs to offer instant payouts, microtransactions, or embedded financial services without relying on slow bank rails.

3. Institutional Treasury Management

Multinational companies operating in Mexico can use MXNB for intra-company settlements, hedging currency exposure, or holding liquidity in a digital format that’s both stable and programmable.

4. SPEI Interoperability

By connecting to Mexico’s Sistema de Pagos Electrónicos Interbancarios (SPEI), MXNB bridges on-chain activity with the country’s real-time gross settlement system—enabling smooth fiat off-ramps and broader usability.

FAQ: Understanding Juno and MXNB

Q: What is MXNB?
A: MXNB is a peso-pegged stablecoin issued by Juno, a subsidiary of Bitso Business. It is fully backed 1:1 by Mexican pesos and operates on the Arbitrum network.

Q: How does MXNB differ from other stablecoins?
A: While most stablecoins are USD-pegged, MXNB is specifically designed for the Mexican market, enabling native peso-denominated transactions on blockchain with lower friction and cost.

Q: Is MXNB regulated?
A: Juno adheres to strict operational controls and works within existing financial regulations. Reserves are held in compliant institutions and subject to regular audits.

Q: Can individuals use MXNB?
A: Initially targeted at businesses and institutions, broader consumer access may follow as adoption grows and integration expands.

Q: Where can I use MXNB?
A: It can be used for cross-border payments, remittances, B2B transactions, and integrated into fintech apps via Juno’s API platform. It also connects to Mexico’s SPEI system for local transfers.

Q: How do I convert MXNB back to fiat?
A: Through authorized partners and integrated platforms using Juno’s fiat on/off-ramp services—ensuring compliant and efficient conversion.

The Future of Financial Infrastructure in Latin America

As stablecoin adoption accelerates globally—with recent launches backed by U.S. Treasuries and major financial institutions—Juno and MXNB represent a localized yet scalable solution tailored for Latin America’s unique economic landscape.

Bitso Business views Juno not just as a product launch but as a foundational step toward building resilient, inclusive, and efficient financial infrastructure. With blockchain efficiency at its core, the vision is clear: faster transactions, lower costs, and greater access for all.

👉 See how next-generation financial platforms are redefining value transfer worldwide.

By focusing on real-world utility, regulatory adherence, and strategic partnerships, Juno sets a new benchmark for what stablecoins can achieve beyond speculation—driving tangible impact in everyday commerce and cross-border finance.

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