Anchorage Digital Extends Bitso Partnership Across the…
By Rick Steves
AI summary of the source article
Anchorage Digital is expanding its partnership with Bitso by providing custody for the MXNB stablecoin across six blockchains. Additionally, Bitso has listed Western Union's USDPT and Tether's USAT dollar tokens to support the US-Mexico corridor.
Why it matters
The companies state the changes "extend regulated custody across both sides of the US-Mexico stablecoin corridor" and frame the partnership as "a step toward making digital settlement more available to banks, issuers and payment companies."
Key facts
- Anchorage Digital Bank is custodying the MXNB peso stablecoin across Arbitrum, Base, Ethereum, Polygon, Avalanche, and Arc.
- Bitso listed Western Union's USDPT and Tether's USAT, allowing users in Mexico to trade USDPT directly with pesos.
- Western Union agents with Bitso Business accounts can convert USDPT into other supported currencies.
Source excerpt · FinanceFeeds
MXNB custody across six blockchains and Bitso listings for USDPT and USAT bring dollar and peso tokens into one platform environment. Anchorage Digital is expanding its partnership with Bitso, placing its bank custody services behind the Mexican peso stablecoin MXNB and the dollar tokens USDPT and USAT on Bitso’s platform. MXNB is now custodied by Anchorage Digital Bank across Arbitrum, Base, Ethe…