We're excited to announce that Real MXN (MXNe) is live on Base. MXNe is the first peso-backed stablecoin in the Base ecosystem, designed to simplify onchain remittances, FX, and DeFi integrations in Mexico.
“MXNe's expansion to Base, made possible through our partnership with Brale, has the potential to revolutionize the way we transact and capture value. This is a significant step forward for Mexican finance, benefiting the communities who create, develop, promote, and use it.”
About MXNe
Issued in partnership with Etherfuse, MXNe is a Mexican peso-backed stablecoin designed to redefine the interaction between the local Mexican economy and global finance.
By transacting in Pesos on-chain, Mexican communities benefit from lower fees, near-instant settlements, and the ability to retain more value within their ecosystem:
Remittances
Mexico is one of the largest recipients of remittances worldwide, and MXNe offers a direct on-chain solution to reduce fees and complexity.
Merchant Payments & Payroll
Businesses can settle invoices, payroll, and daily operations in Pesos on-chain, minimizing FX exposure.
Built for the Mexican Community
Developers integrating MXNe into their apps, POS solutions, or financial services can access new revenue streams.
How to acquire MXNe
MXNe can be acquired by directly onboarding with Brale to mint new MXNe, by onramping on Capa Finance, and by swapping in the MXNe/USDC liquidity pool on Aerodrome.
About Brale
Brale is a U.S. based stablecoin issuance and orchestration platform, combining traditional finance with onchain technologies. Brale issues MXNe on Base, Solana, and Stellar.
About Etherfuse
Etherfuse enhances financial access by making real-world assets more accessible onchain. It issues CETES, tokenized Mexican government bonds, enabling secure and efficient digital asset ownership.
About Capa
Capa is a seamless on/off-ramp platform that allows users to buy and sell cryptocurrencies with fiat currencies, including the Mexican and Dominican peso.
Growing onchain finance in Mexico
We're thrilled to introduce MXNe to Base to support cross-border transactions and developer innovation in Mexican DeFi. If you're interested in integrating MXNe into your product, contact our team to get started.
Create a Brale Account
