Juno's MXNB stablecoin moves cross-chain via LayerZero OFT
Juno, a Bitso company, issues MXNB, a non-USD stablecoin purpose-built for cross-border payments on the US-Mexico remittance corridor. MXNB integrates directly with SPEI, Mexico's instant payment network.
- MXNB uses the LayerZero OFT standard for cross-chain interoperability and has transferred more than $6M lifetime across 5 chains using LayerZero rails.
- LayerZero published its latest report, The Case for non-USD Stablecoins, highlighting issuers using its infrastructure.
Sources
- MXNB uses the OFT standard for its cross-chain interoperability, and has transferred more than $6M lifetime across 5 chains using LayerZero rails. Read more about how LayerZero helps issuers of non-USD stablecoins in our latest report, The Case for non-USD Stablecoins https://t.co/cwi5dU6tYp Replying to their earlier post: Juno (a @Bitso company) issues MXNB, one of the most compelling real-world examples of a non-USD stablecoin purpose-built for cross-border payments. Operating on the US-Mexico remittance corridor, it…x.com ↗
- Juno (a @Bitso company) issues MXNB, one of the most compelling real-world examples of a non-USD stablecoin purpose-built for cross-border payments. Operating on the US-Mexico remittance corridor, it integrates directly with SPEI, Mexico's instant payment network, allowing https://t.co/vGMkBLDhLbx.com ↗
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