MXN to USDC Exchange Rate Plummets by 50% on Bybit

The exchange rate for Mexican Peso (MXN) to USDC (USD Coin) on Bybit has dropped significantly. As of August 12, 2026, at 05:38 GMT+8, one MXN is worth approximately 0.059 USDC. This represents a decline of 50.00% over the last 24 hours.

According to Bybit's aggregated market-maker quotes, the current exchange rate for USDC to MXN is 1 USDC = $0.058589477092027664 MXN. The circulating supply of USDC is 72B units, with a 24-hour trading volume of $137.40B MXN.

Users can convert MXN to USDC on Bybit without any conversion fees. However, it's essential to note that the quoted rate may change after confirmation. Bybit's proof of reserves ensures that 1:1 reserves are verified monthly with on-chain Merkle proof.