The
Mexican Peso has seen numerous fluctuations in its value against the
US Dollar, from hitting its strongest position since 2015 to slumping to a record low based on various influences such as the US election, the introduction of new banknotes and coins, and tariff threats. Crypto exchanges are steadily taking root in Mexico with
Bitso, a Mexican fiat-to-crypto exchange, leading the way. It recently reduced crypto-only trade fees to 0.15%. Binance and Paxos have shown interest in this market. The latter has partnered with
Mercado Pago to introduce the Pax Dollar (USDP) to Mexican customers. In broadening the crypto scope,
Tether has launched a new stablecoin, MXNā®, pegged to the Mexican Peso, on Ethereum, Tron, and Polygon blockchains. Amid these events, regulation strategies and expectations remain a prominent aspect of discussions on crypto in Mexico, culminating in predictions concerning the Peso to Dollar forecast in 2022 and 2025 in the future.
MXN Coin News Analytics from Thu, 20 Oct 1983 07:00:00 GMT to Wed, 08 Jan 2025 17:50:28 GMT -
Rating -2
- Innovation 6
- Information 5
- Rumor 2
