MXNB & BRL1 Stablecoins

MXNB and BRL1: Fiat-Backed Stablecoins for Latin America

Bitso, through its Juno and Nvio entities, issues two fiat-pegged stablecoins that bring Mexican peso and Brazilian real liquidity on-chain: MXNB (Mexican peso) and BRL1 (Brazilian real).

MXNB — Mexican Peso Stablecoin

MXNB is a 1:1 Mexican peso-backed stablecoin issued by Juno, a Bitso Group company. Each MXNB token is fully backed by one Mexican peso held in audited reserves.

• On-chain MXN transfers: Instant, transparent transfers on supported blockchain networks
• SPEI integration: Mint MXNB via Mexico's interbank transfer system (SPEI) and redeem back to MXN at any time
• Borderless design: Enables MXN value to move globally as a stable digital asset
• Stablecoin infrastructure: Integrates with Bitso Business's stablecoin orchestration platform for automated routing

BRL1 — Brazilian Real Stablecoin

BRL1 is a 1:1 Brazilian real-backed stablecoin issued through the Bitso Business platform, supported by Nvio Brasil Bitso Instituição de Pagamento Ltda., regulated by the Central Bank of Brazil.

• On-chain BRL transactions: Move Brazilian real value on blockchain networks for programmable, instant transfers
• Pix integration: Mint and redeem BRL1 via Pix (Brazil's instant payment system)
• Multi-network support: Available on supported blockchain networks within the Bitso infrastructure

Use Cases

Both stablecoins serve enterprises and fintech companies seeking to use local Latin American currency liquidity on-chain for cross-border payments, DeFi integration, treasury management, international remittances, and automated payroll or vendor payments denominated in local currencies.