Ripple integrates MXNB into XRPL settlement infrastructure for enterprises. Permissioned DEX provides regulated peso liquidity for institutional payments. Bitso expands stablecoin utility acr
Ripple and Bitso are expanding their long-standing payments partnership by bringing MXNB, Bitso’s Mexican peso-backed stablecoin, onto the XRP Ledger to support enterprise settlement across the U.S.-Mexico payment corridor.
According to the official press release, MXNB will be issued on the XRP Ledger and integrated into Ripple’s Payments on Decentralized Exchange infrastructure. The stablecoin will also operate within XRPL’s Permissioned DEX environment alongside Ripple USD (RLUSD), creating additional liquidity options for institutional payment flows.
The latest development builds on years of collaboration between Ripple and Bitso across Latin America. Both companies have supported payment infrastructure in key regional corridors, including Mexico and Colombia. Now, they are extending that relationship into stablecoin-powered settlement services designed for enterprise use.
Ripple said the integration will help improve liquidity management and transaction settlement for businesses moving funds between the United States and Mexico. Moreover, the initiative introduces peso-denominated liquidity into a regulated onchain environment tailored for financial institutions.
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According to Ripple Managing Director for Latin America Silvio Pegado, the addition of MXNB strengthens regulated liquidity infrastructure for cross-border payments involving both U.S. dollars and Mexican pesos.
Pegado stated that Ripple and Bitso have spent years developing payment networks capable of supporting large-scale transaction volumes throughout Latin America. Consequently, the companies are now extending those capabilities through stablecoin-based settlement infrastructure built for institutional participants.
MXNB will operate through XRPL’s Permissioned DEX, a platform designed for verified counterparties seeking compliant access to onchain liquidity and settlement services. As a result, financial institutions can access digital asset infrastructure while maintaining regulatory standards and operational controls.
Bitso Business Head of Stablecoins Ben Reid said MXNB was developed specifically for enterprise settlement requirements. He added that the integration introduces peso-based liquidity to institutional counterparties that require compliance certainty and efficient settlement processes.
Besides expanding MXNB’s utility, the partnership supports Ripple’s broader effort to connect traditional payment systems with blockchain-based liquidity. Ripple has increasingly positioned stablecoins as a practical tool for international settlement and treasury operations.
Bitso has also played a role in Ripple’s stablecoin strategy through its support for RLUSD. The company became one of the early exchange partners for Ripple’s dollar-backed stablecoin, helping extend access to regulated liquidity across U.S.-Latin America payment corridors.
The integration of MXNB into XRPL’s settlement infrastructure highlights growing demand for locally backed stablecoins in cross-border payments. Additionally, it provides enterprise users with direct access to regulated peso liquidity within an onchain settlement framework.
As Ripple expands its payments infrastructure and Bitso broadens the reach of MXNB, both companies are strengthening stablecoin-based settlement capabilities across one of the world’s most active remittance corridors.
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