According to Wu, Morpho said that Juno, a subsidiary of Bitso, has launched an on-chain lending market and vault for the Mexican peso stablecoin MXNB on Morpho, with risk parameters managed by Gauntlet. Users can use USDC or BTC to obtain MXNB liquidity, and can also deposit MXNB into the relevant vault on the Base network to earn yields. https://t.co/YQzcujxbAf

MXNB (MXNB)
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Mexican peso is now on @Morpho throught @Bitso
Building the open credit network for the world means supporting local currencies, not just dollars and euros. MXNB, the Mexican peso stablecoin from @Bitso and @buildwithjuno, can now be put to work onchain.
First of its kind: @buildwithjuno by @bitso just launched Mexican Peso onchain credit markets and vaults on Morpho, curated by @gauntlet_xyz.
The blueprint for LATM stablecoin onchain utility - users can access $MXNB liquidity against $USDC & $BTC, or put $MXNB to work on @base.
First of its kind: @buildwithjuno by @bitso just launched Mexican Peso onchain credit markets and vaults on Morpho, curated by @gauntlet_xyz.
The blueprint for LATM stablecoin onchain utility - users can access $MXNB liquidity against $USDC & $BTC, or put $MXNB to work on @base.
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