Bitso Launches MXNB Stablecoin on Arbitrum Network

This launch comes at a crucial time for Mexico’s remittance market, which has been experiencing significant growth. Mexico sits as the second-largest recipient of global remittances, receiving $61 billion in 2023 alone. With cryptocurrency increasingly playing a role in facilitating these transactions, MXNB promises to bridge the gap between traditional finance and crypto.🚀