Ripple and Bitso Expand Partnership to Advance Enterprise Stablecoin Settlement in Latin America
The integration aims to add regulated peso liquidity for enterprise cross-border payments and build on Bitso Business’s $82 billion annualized TPV.
- On Thursday, Ripple and Bitso announced the expansion of their payments partnership, launching the peso-backed MXNB stablecoin on the XRP Ledger to support institutional settlement between the United States and Mexico.
- High costs in the US-Mexico remittance corridor prompted this initiative; World Bank data showed that sending $200 internationally cost an average of 6.36% in the third quarter of 2025, while blockchain-based settlement can be completed for a fraction of a cent.
- By pairing MXNB with Ripple's dollar-backed RLUSD on the XRPL Permissioned DEX, the companies aim to create regulated liquidity infrastructure; "we're helping create regulated, onchain liquidity infrastructure purpose-built for enterprise cross-border payments," said Silvio Pegado, Ripple's Managing Director of LATAM.
- Bitso Business, which serves more than 2,000 institutional clients, issued MXNB to provide peso-denominated onchain liquidity with compliance certainty; "MXNB was built from the ground up for enterprise settlement," said Ben Reid, Head of Stablecoins at Bitso Business.
- Financial institutions have expanded stablecoin-based payment infrastructure in recent months as adoption accelerates; stablecoin market capitalization climbed from around $251 billion in mid-2025 to more than $316 billion in June 2026, according to DefiLlama.
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Cointelegraph
CheckCryptoNewsRipple and Bitso Bring MXNB Stablecoin to XRP Ledger
The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America.
Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger
Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments infrastructure. The effort focuses on the U.S.-Mexico corridor and aims to support regulated dollar-peso liquidity for institutions. XRP Ledger Deal Pushes Stablecoins Deeper Into US-Mexico Settlement Cross-border payments are becoming a major test case for regulated […]
XRP Price Prediction as Ripple Brings Mexican Peso Stablecoin to XRPL Payment
Key Insights: Ripple and Bitso added MXNB to XRPL for regulated U.S.-Mexico payment settlements. MXNB and RLUSD will support enterprise liquidity on XRPL’s Permissioned DEX. XRP traded above $1.12 as small ETF inflows helped support its recovery. Ripple has expanded its Latin America payments strategy by bringing Bitso’s Mexican peso-backed stablecoin, MXNB, to the XRP Ledger. The move adds a regulated peso-based settlement asset to Ripple’s en…
CoinStats - XRP (XRP) Daily Market Analysis 12 June 2026
XRP is at a crossroads with enterprise growth and network upgrades clashing against weak price action and lowered analyst targets. • Ripple expanded its Bitso partnership on 11 June to integrate MXNB stablecoin on XRP Ledger for U.S.–Mexico corridor payments • XRP recovered to $1.1395 on 12 June (+3.98% 24h) after losing $1.13 support, but remains 22% down over 30 days • U.S. XRP spot ETFs saw $1.1945M net inflow on 10 June, with cumulative infl…
Ripple Targets $67 Billion U.S.–Mexico Payments Corridor With New Stablecoin Push
Ripple is expanding deeper into one of the world’s largest cross-border payment markets as the company races to position stablecoins and blockchain settlement infrastructure against traditional banking rails. The company announced Thursday that Bitso’s Mexican peso-backed stablecoin, MXNB, will launch on the XRP Ledger and integrate into Ripple’s Payments on Decentralized Exchange infrastructure. The move directly targets the U.S.–Mexico corrido…
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