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Latam Cryto Update: Bitso launches the backed Stablecooin while the banks are adopted in Latin America BLOCKCHAIN

Latam’s landscape is still growing.

The most prominent this week includes the pioneering Bitso decision to launch Stablecoin Pegged in Mexico.

This happens because the banking sector embraces Blockchain technology in Latin America.

Bitso Business, part of the exchange of Mexican cryptocurrency, plans to create Stablecoin linked to Mexican pysey on Ethereum Layer 2 called expression.

Report from Cointelegraph He explains that the new Stablecoin, MXNB, will be released and controlled by Juno, newly formed Bitso.

According to a statement issued by Bitso Business, MXNB will be fully supported by Mexican Pesos on one to one basis, providing the user’s stability and reliability.

Ben Reed, President of Bitso Business in Stablecoins, stated that the main issue of MXNB is to reduce international investment and trade within the Latin American markets.

He stressed that Stablecoin will allow companies to work in a “more efficient” way than traditional financial infrastructure, which often provides major cash problems.

With obstacles such as high mediator fees and slow transaction times, MXNB intends to simplify across border payments for multinational companies looking to serve customers in new countries.

Stablecoins in Mexico, along with a favorable conversion environment, has increased interest in encrypted currencies.

According to Chainalysis, Mexico is a “major country to view” transfers based on encrypted currency, with an annual receipt of about $ 61 billion, largely from the United States.

This trend is strengthened by increasing the adoption rates of Stablecoins, as shown at an increase of 9 % in Stablecoin’s purchases on Bitso exchange, driven by local users looking for reliable stores with valuable in the face of large inflation and currency.

Blockchain and the distinctive symbol symbol

During Fintech America Miami 2025, experts from Bitso, Koibanx and Banco Nación (Argentina) stressed the Blockchain developments and the symbol in the traditional financial system, which enhances efficiency and financial inclusion throughout the region.

according to CointelegraphThe actors explained how these technologies revolutionize various operations, from converting transfers to access to investment through the asset symbol.

Leo Eldoine, CEO of Koibanx, noted that organizational frameworks have begun to include the code of securities, which represents a pivotal step towards democratic character.

The discussion also focused on increasing the importance of Blockchain in international transfers and payments.

Bitso Strategic Director of Bitso, Nano Rodriguez, stated that Stablecoins and Blockchain technology is already used in 10 % of transfers between the United States and Mexico, and perhaps more than 64 billion dollars in transactions.

It is clear that Argentina’s actual time thirst for decentralized financial operations through 98 billion dollars in bitcoin transactions made in 2023, which exceeds the total value of imported goods in the country.

Since banks such as Macro and Mercantil include Blockchain solutions to treat payment, it is clear that traditional banks are developing to play a greater role in Bitcoin’s adoption.

Guatemala suggests the transfer of waste burials to bitcoin data centers

Blockchain Association in Guatemala has presented a new way to address the environmental issues of the landfill: converting them to Bitcoin Data Centers.

This project Attempts to address two main issues: Limited space and the danger of fires in garbage disposal sites.

As cities expand, garbage construction grows dramatically, which constitutes difficulties in the operational capacity in waste burials and requires the urgent need for new disposal sites.

Without appropriate solutions, many societies may face waste management challenges in the coming years.

The group claims that the location of the Bitcoin Data Centers in the waste burials can be a new solution to process each of garbage management and energy challenges.

Bitcoin Data Data Centers perform the advanced calculations required to verify the health of transactions on the Bitcoin network, which imposes the use of renewable, continuous and low -cost energy sources.

This concept, by exploiting current garbage sites, not only aims to improve the efficiency of garbage disposal, but also supports the use of renewable energy in the developing bitcoin sector.

Post Latam Cryto Update: Bitso STABLECOIN is launched from the Bizo while the banks in Latin America adopted Blocchain first appeared on Invezz

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