The Mexican Peso has been going through numerous changes, shifting in
value and
liquidity due to both internal and external factors. The Euro has gained after German debt reform,
causing the US dollar to fall, which impacts the value of the Peso. A new
Mexican Peso stablecoin has been launched to streamline
cross-border payments in Latin America by Bitso and it has also been pegged to the Mexican peso on Arbitrum. The Peso hit a 6-month high against the weakening US dollar but then dropped 1% following a tariff threat. There have been fluctuations in stocks as well, impacting the Peso’s value, whilst
new $20-peso coins are being introduced to replace notes. The 5 best Crypto Exchanges and Trading Platforms in Mexico include Bitcoinist.com. Amid tariff threats by Trump, both the
Canadian Dollar and Mexican Peso dropped in value. Due to fears of a ruling coalition super-majority in Congress, the Mexican peso and stocks took a hit. The Peso reached a strength it has not seen since 2015, and it's expected that the US dollar might continue losing purchasing power against it. Moving forward, the Peso could face a hit due to US election risks, but analysts predict a recovery based on a wide interest-rate differential. Finally, there are plans for a new
$50-peso note and Tether has launched a
stablecoin pegged to Pesos on Ethereum, Tron, and Polygon.
Binance is offering new trading pairs in Mexican peso and USDC and Mexico’s crypto regulations are due to change in 2024.
MXN Coin News Analytics from Mon, 22 Oct 2012 09:31:11 GMT to Tue, 20 May 2025 20:47:24 GMT -
Rating 6
- Innovation -3
- Information 8
- Rumor -5
