Ripple and Bitso Expand Stablecoin Settlement with MXNB on XRP Ledger

Ripple and Bitso have deepened their collaboration to boost cross-border payments in Latin America by integrating Bitso’s Mexican peso-backed stablecoin, MXNB, onto the XRP Ledger (XRPL). The move aims to make transactions along the critical U.S.–Mexico remittance corridor faster and more efficient. MXNB will feed into Ripple’s Payments on DEX system alongside RLUSD, Ripple’s U.S. dollar stablecoin, enabling seamless, regulated on‑chain liquidity for institutions. The integration underscores the growing appetite for compliant stablecoins in emerging markets and reinforces XRPL’s role as a settlement layer for real‑world assets.