Bitso Brings Peso-Backed MXNB Stablecoin to XRP Ledger via Ripple

Bitso, in partnership with Ripple, has brought its peso-backed MXNB stablecoin to the XRP Ledger, according to an announcement published Jun 11, 2026. The companies are pairing MXNB with Ripple's RLUSD stablecoin on the XRP Ledger to support institutional payments between the United States and Mexico. The move comes as stablecoin adoption continues to grow across Latin America.

Bitso and Ripple Pair MXNB with RLUSD on XRP Ledger

The partnership pairs MXNB, Bitso's peso-backed stablecoin, with RLUSD, Ripple's stablecoin, on the XRP Ledger. The pairing is designed to facilitate institutional payments between the United States and Mexico.

FAQ

What is MXNB?

MXNB is a peso-backed stablecoin issued by Bitso.

Why did Bitso partner with Ripple to bring MXNB to the XRP Ledger?

Bitso partnered with Ripple to pair MXNB with RLUSD on the XRP Ledger in order to support institutional payments between the United States and Mexico.