How MXNB works
MXNB has a 1:1 peg mechanism with the highest operational standards to ensure stability and full backing of the token with MXN reserves.
Learn more about our commitment to transparency and full fiat backing of MXNB.
Go to TransparencyWhy choose MXNB
Reliability of the Mexican peso
The Mexican peso is powered by a dynamic industrial activity, a tight commercial relationship with the US and stable macroeconomic policy.
The power of stablecoins
MXNB is a key gateway for the transition into DeFi. Anyone can explore wealth-building opportunities with freedom and control, while remaining stable virtual assets that are low-volatility alternatives.
The bridge to the digital future
If the future is on-chain, MXNB powers this digital future by combining the strength of the Mexican peso, with the power and borderless nature of cryptocurrencies.
MXNB in Bitso
To build the future of the digital economy, we work in partnership with Bitso: the largest and most trusted cryptocurrency company in Latin America.
Withdrawals with MXNB
01
If you have MXN balance visible in the Bitso app, you can withdraw funds into your Bitso Web3 wallet or any external ERC20 compatible wallet using MXNB as the method.
02
Go to your MXN balance and select "Send". Specify the amount of the withdrawal. The Bitso app will provide you the total fees to be paid (network and withdrawal fees).
03
After approving fees, enter the destination wallet address details. Make sure that the destination address is ER20 compatible, since MXNB is available on Ethereum only.
04
Once the withdrawal is confirmed, your MXN balance will be deducted by the withdrawal amount. The MXN balance will be converted to MXNB and sent to the destination wallet.
Deposits with MXNB
01
If you have MXNB in an external ERC-20 compatible wallet, you can send it to your Bitso account.
02
Go to your MXN balance visible in the Bitso app, and select "Deposit". Then, select Ethereum ERC-20 as the method, and copy the address provided. Paste it in the Web3 wallet where you have MXNB as the destination address and approve the transaction.
03
Upon the successful confirmation of the transaction on the Ethereum Blockchain, you will see your MXN balance increase in the amount of MXNB you sent, net of network fees (gas). You send MXNB from an external wallet, and receive MXN.
Use cases
- How it worksFX OPERATIONS
One of the most attractive FX pairs
For individuals or institutions involved in frequent cross-border operations, MXNB allows anyone to swap value between USD and the Mexican peso in a decentralized manner through stablecoins.
- How it worksWealth generation in defi: dexs
Put your MXN holdings to work
MXNB is the gateway to start growing your MXN holdings. Individuals or businesses can add liquidity to MXNB liquidity pools in Decentralized Exchanges (DEXs) and potentially earn fees from the trades made in the pool.
- Coming soon!Wealth generation in defi: lending
Enabling accessible financing across the world
In the future, MXNB-denominated loans will be available through DeFi Lending Protocols. People and businesses will be able to lend MXNB and earn interest from that, or take loans in MXNB with competitive interest rates.
- Contact uspowering the new wave of financial products
MXNB as a tool
Companies across the globe can build Mexican peso-backed financial products and services that cater to the needs their customers, regardless of where they are. Empower your business and start building the future today.