Bitso and Morpho Launch First Onchain Mexican Peso Credit Market with MXNB Stablecoin

Bitso and Morpho have launched the first onchain Mexican peso credit market using the MXNB stablecoin.

The partnership aims to provide a new financing option for businesses and individuals in Mexico, leveraging the benefits of blockchain technology.

The MXNB stablecoin is pegged to the value of the Mexican peso, allowing users to borrow and repay loans in a stable and secure manner.