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MXNB Goes Live on Arbitrum

Twitter icon  •  Published 11 months ago on March 27, 2025  •  Hassan Maishera

On Wednesday, the Arbitrum team announced via X that MXNB, a Mexican Peso-backed stablecoin from Juno (Bitso), is now live on Arbitrum.

MXNB Goes Live on Arbitrum

On Wednesday, the Arbitrum team announced via X that MXNB, a Mexican Peso-backed stablecoin from Juno (Bitso), is now live on Arbitrum. Arbitrum added that its fast, low-cost tech makes cross-border payments more seamless and accessible in Latin America.

Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is down 2.5% today and is trading at $0.3874.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.