Bitso, a top cryptocurrency exchange in Latin America, has launched its stablecoin operations through the new subsidiary, Juno. The subsidiary aims to issue and manage digital assets such as stablecoins, with Mexican peso stablecoin (MXNB) as its first token. Bitso introduced its stablecoin business to enhance cross-border payments and financial transactions. Bitso Launches Mexican Peso […]
Bitso
Ripple’s Anonymous Wallets Move 107M XRP To Top Exchanges
In a startling revelation, crypto tracking platform Whale Alert has unearthed a colossal transfer of XRP from anonymous wallets to two major exchanges. This significant development unfolded over two days, with approximately 30 million coins each reaching Bitso, a prominent Mexican exchange, and Bitstamp, a European crypto unicorn. The staggering total of nearly 107 million […]
Stellar (XLM) Soars 44% With Bitso Integration For Global USDC Payments
Stellar (XLM) is on a wild ride, outperforming its competitors and achieving remarkable gains in both the daily and weekly charts. In just seven days, the token surged by an impressive 44%, with the daily chart showing an almost 9% increase, bringing its current trading price to $0.1419. Stellar (XLM) now stands as the top gainer […]
Ripple & Bitso Ride The Crypto Wave To Enable $3.3B In Cross-Border Transactions
Bitso, a Mexican crypto platform and Ripple’s key partner has moved more than $3.3 billion between the US and Mexico in 2022 alone. It marks a threefold increase in the volume of funds processed compared to the previous year. The growth is attributed to Bitso’s partnership with Ripple, which enables the platform to offer cross-border […]
Bybit CEO Plans To Again Cut Off Staff Amid Bear Market
To reduce losses, businesses are forced to reevaluate their business plans in the bear market. Bybit co-founder and CEO Ben Zhou tweeted about intentions to cut staff as part of continuing organizational changes as the company refocuses its efforts on the worsening bear market. One of the biggest crypto exchanges, Bybit, announced job cuts in an internal memo on […]
XRP Continues To Shine In Mexico As Bitso Shows Strong Numbers For MXN Pairing
XRP movements across different markets have been a sight to behold with various players involved in daily transactions. Sticking to its belief in cross-border transactions, XRP has made several strides in regions where normal fiat movement has been difficult. Bitso, one of the most popular Latin American exchanges has been a platform where XRP has […]