Ripple and Bitso Expand Partnership to Advance Enterprise Stablecoin Settlement in Latin America
Ripple and Bitso are expanding their partnership to integrate Bitso's MXNB stablecoin onto the XRP Ledger, enhancing enterprise cross-border payments between the U.S. and Mexico.Summary
Ripple has announced an expansion of its long-standing payments partnership with Bitso, a leading digital financial services company in Latin America. The collaboration will see Bitso's regulated MXN-backed stablecoin, MXNB, issued on the XRP Ledger (XRPL) and integrated into Ripple's Payments on Decentralized Exchange (DEX) infrastructure. This integration, alongside Ripple's enterprise-grade USD stablecoin RLUSD, aims to support more efficient liquidity and settlement flows for enterprise cross-border payments across the U.S.–Mexico corridor. The move marks a significant step in bringing localized stablecoin settlement infrastructure to one of the world's most important remittance markets. The integration of MXNB into XRPL's Permissioned DEX is designed to support regulated financial activity by enabling verified counterparties to access onchain liquidity in a compliant and operationally efficient environment. This partnership reflects Ripple's broader strategy to connect traditional payment infrastructure with digital asset liquidity in ways that are operationally practical for financial institutions. For Bitso, this integration positions MXNB as part of a growing category of locally-native stablecoin infrastructure designed for real-world payments and settlement use cases in Latin America.
(Source：Postregister)