Bitso has moved MXNB onto Morpho, allowing the Mexican Peso to earn yields on the chain. Latin America's DeFi narrative has added another chapter.

MORPHO-3.01%
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WuSaidBlockchainW
Wu learned that Morpho stated that Juno, a subsidiary of Bitso, has launched the on-chain lending market and vault (Vault) for the Mexican Peso stablecoin MXNB on Morpho, with risk parameter management provided by Gauntlet. Users can use USDC or BTC to access MXNB liquidity, and can also deposit MXNB into the relevant vaults on the Base network to earn yields.
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