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Crypto

Bitso Brings Peso-Pegged Token Onramp to Base

Guavy AI Editorial Team
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Bitso has launched a new onramp service that allows users to deposit Mexican pesos (MXN) and withdraw MXNB, a peso-pegged token, directly for use in decentralized finance (DeFi) applications.

The integration with Base enables direct deposits of MXN into the Juno vault on Morpho, providing users with immediate access to DeFi yield opportunities.

This move is seen as an effort by Bitso to make it easier and more convenient for users in Mexico to participate in the growing DeFi ecosystem.

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