Tether launches MXNT Stablecoin tied to Mexican peso

MXNT will join three other fiat currency-linked tokens that Tether has in the market: USDT with a US dollar peg, EURT with a euro peg and CNHT with a yuan peg.

According to Triple A, 40% of Mexican companies are looking to adopt blockchain and cryptocurrencies in some form, making Mexico a great place for the next Latin American cryptocenter.

MXNT is a stable digital asset pegged to the Mexican peso at a 1:1 ratio. MXNT was created by the Tether USDT development team.