Ripple , a leading provider of blockchain-based enterprise solutions for the traditional and digital finance sectors, today announced the expansion of its long-standing payments partnership with Bitso, a leading digital financial services company in Latin America .

As part of the collaboration, Bitso's regulated stablecoin backed by Mexican pesos, MXNB , will be issued on the XRP Ledger (XRPL) and integrated into Ripple's dynamic infrastructure for payments on decentralized exchanges (DEXs).

Together with RLUSD, Ripple's enterprise-grade USD stablecoin, MXNB will provide more efficient liquidity and settlement flows for cross-border corporate payments in the US-Mexico corridor .

Ripple and Bitso have maintained a long-standing partnership to support payment infrastructure in key Latin American markets, including MXN and COP payment flows.

The expansion to XRPL and DEX payments marks the next phase of this partnership, bringing a localized stablecoin settlement infrastructure to one of the world's most important international remittance and payment markets.

MXNB will be integrated into XRPL's authorized DEX, designed to support regulated financial activities, allowing verified counterparties to access on-chain liquidity and settlement infrastructure in an environment with greater operational efficiency and compliance with regulations.

“ Ripple and Bitso have spent years building a payments architecture that operates at real scale across Latin America ,” said Silvio Pegado, Ripple’s general manager for Latin America. “ By bringing RLUSD and MXNB together on the XRPL authorized DEX, we are helping to create a regulated on-chain liquidity infrastructure specifically designed for cross-border enterprise payments. This is the next evolution of how value flows between US dollars and Mexican pesos. ”

The collaboration also reflects Ripple's broader strategy to connect traditional payments infrastructure to digital asset liquidity in ways that are operationally viable for financial institutions and enterprise payment providers.

For Bitso, the integration positions MXNB as part of a growing category of region-native stablecoin infrastructures designed for real-world use cases in payments and settlement in Latin America.

“ MXNB was developed from the ground up for corporate settlements. Regulated, denominated in Mexican pesos, and designed to meet the operational demands of institutional cross-border payments ,” says Ben Reid, director of stablecoins at Bitso Business. “ Its integration with Ripple’s authorized DEX infrastructure in the US-Mexico corridor offers institutional counterparties something new: access to on-chain liquidity denominated in the currency, with the compliance certainty and settlement efficiency that corporate use cases require. ”

The partnership between Ripple and Bitso has expanded in parallel with the evolution of enterprise blockchain payment infrastructure in Latin America.

In addition to supporting regional payment connectivity, Bitso was also one of the first exchange partners of Ripple USD (RLUSD), helping to expand access to regulated, dollar-denominated liquidity for institutional payment flows in the US-Latin America corridors.