About Ben Reid

Aptos Foundation and Bitso, the leading financial services company powered by crypto in Latin America, have announced a comprehensive partnership that aims to improve how money moves across the globe. The collaboration will enable Bitso’s 9 million customers to access USDT and USDC on the Aptos network, while driving even more cross-border payment innovation, particularly in the high-volume U.S.-Mexico corridor.

Stablecoins are not just a trend — they are a foundational layer for the next evolution of financial infrastructure in Latin America. The most recent edition of the Crypto Landscape in Latin America report presented by Bitso reveals that the stablecoins dominated purchases in 2024, accounting for 39% of all digital assets acquired in the region.

Stablecoins are not just a trend — they are a foundational layer for the next evolution of financial infrastructure in Latin America. The most recent edition of the Crypto Landscape in Latin America report presented by Bitso reveals that the stablecoins dominated purchases in 2024, accounting for 39% of all digital assets acquired in the region.

Bitso Business —the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-border payments— announced today the creation of its subsidiary Juno, a company dedicated to the issuance and management of virtual assets. Along with this announcement, Juno is launching MXNB token on Arbitrum, a stablecoin pegged to the value of the Mexican peso, which is fully fiat-backed on a one-to-one basis against reserves. Due to its high security, scalability, speed and growing ecosystem across Latin America, Arbitrum is the foundational blockchain partner and initial network where MXNB growth will be pursued.