MXNB, the Mexican Peso Stablecoin by Bitso, Is Now Live on Blockradar
Today we are excited to announce that MXNB, Bitso's Mexican peso–backed stablecoin issued by its subsidiary Juno, is now available on Blockradar.
Through this collaboration, fintechs can now offer digital peso transactions using Blockradar’s non-custodial wallet infrastructure, creating a smooth connection between blockchain assets and Mexico’s traditional financial system.
A bridge between fiat and blockchain
MXNB is a fully collateralized stablecoin backed one-to-one by Mexican pesos and issued by Juno, with regulatory and technical support from Bitso, Latin America’s leading digital financial services company. Each token can be created or redeemed for pesos through Bitso's infrastructure, which is backed by Nvio Pagos México, a regulated payments institution that connects directly to Mexico’s SPEI payment network, with 99.99% availability and strict compliance standards.
“Our partnership with MXNB expands what our fintech partners can do in Mexico,” said Morgan Williams, Co-Founder and COO of Blockradar. “By integrating MXNB into Blockradar, fintechs can now embed digital peso wallets directly into their applications, allowing users to hold, send, and settle MXNB with the same confidence as traditional bank transfers”.
Enabling real-world on and off ramps
Juno’s APIs allow businesses to mint and redeem MXNB in real time, turning pesos into digital assets and converting them back into fiat instantly. Through Bitso’s regulated exchange operations, those flows connect directly to local banking rails, creating a fast and compliant pathway for remittances, treasury operations, and merchant settlements.
“MXNB was built to make the Mexican peso programmable - and Blockradar is exactly the kind of infrastructure partner that puts it to work. Stablecoin remittances and payments are growing fast in Mexico, and fintechs across emerging markets can now embed digital peso functionality directly into their products, without having to build the rails themselves” Ben Reid, Head of Stablecoins at Bitso Business.
Expanding stablecoin access across emerging markets
For Blockradar, the launch of MXNB builds on its growing network of local stablecoin integrations, including CNGN in Nigeria and IDRX in Indonesia. Together, these partnerships support a global mission to make stablecoin adoption practical for fintechs serving real economies rather than crypto speculation.
“Every market needs a stable, digital version of its local currency,” added Abdulfatai Suleiman, Co-Founder and CEO of Blockradar. “Our role is to give fintechs the tools to move between them securely and automatically.”
About Blockradar
Blockradar provides secure, developer-friendly stablecoin infrastructure for fintechs. Our non-custodial wallet APIs, transaction monitoring, and AML compliance tools make it easy to launch and scale stablecoin-powered financial services. From USDC and USDT payouts to onchain expense management, we help companies move money instantly and safely across borders—without building blockchain infrastructure in-house.
Blockradar is trusted by payment platforms, remittance providers, and Web3 startups building the future of finance.
Explore our API documentation and get started at https://blockradar.co
About Bitso
Bitso is Latin America's leading digital financial services company, empowering more than 10 million users to invest, grow their money, and transact across borders. By combining blockchain technology, artificial intelligence, and real-time payment rails in a regulated infrastructure, Bitso delivers the tools that allow anyone to build a stronger financial future.
Through its consumer platform, Bitso offers secure and easy-to-use access to more than 200 digital assets and 5,000+ global stocks and ETFs, giving users in Latin America the same wealth-building opportunities as the world's top investors.
Bitso’s B2B segment, Bitso Business, is Latin America's largest stablecoin payments platform, with $82B+ in annualized TPV, serving more than 2,000 institutional clients. By enabling instant, low-cost local and cross-border transactions, Bitso Business helps companies move money efficiently across markets, reducing friction in trade and accelerating economic growth across the region.
Founded in 2014, Bitso has more than 600 employees across 35 countries, with direct operations in Mexico, Brazil, Argentina, and Colombia, and institutional connectivity across the United States, Europe, Chile, and Peru. Bitso's mission is to democratize financial technology, making wealth creation an everyday possibility for everyone.