Bitso, Latin America's largest crypto platform, and Morpho have launched the first onchain lending market denominated in Mexican pesos using Bitso's MXNB stablecoin. This allows peso-based lending and borrowing on DeFi without involving traditional banks, reducing currency mismatch risks for Mexican businesses. Morpho's open credit protocol supports this innovation, expanding beyond the usual US dollar stablecoins and tapping a new user base. The integration with Ripple’s XRPL also enables cross-border peso settlements, signaling a move toward a decentralized financial system independent of traditional banking.

More News (MORPHO)

Uniswap leads altcoin gains with a 13.66% surge amid mixed crypto market performance.

Uniswap (UNI) surged 13.66% to $2.93, leading the top gainers in the crypto market driven by recent positive developments in decentralized finance (DeFi). Other notable gainers include Stellar (XLM), Injective (INJ), Zcash (ZEC), and Jupiter (JUP), e...

Market News

Bullish

2 days ago

Bitso and Morpho launch first onchain Mexican peso credit market with MXNB stablecoin

More News (MORPHO)

Uniswap leads altcoin gains with a 13.66% surge amid mixed crypto market performance.

Invest & Trade with
#1 Award-Winning Investment Super App

Invest

Features

Fees

Learn

Investment Clubs (Coming Soon)

Support

iOS App Store

Google Play Store

Bitso and Morpho launch first onchain Mexican peso credit market with MXNB stablecoin

More News (MORPHO)

Uniswap leads altcoin gains with a 13.66% surge amid mixed crypto market performance.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App