Tether Launches Mexican Peso-Pegged Stablecoin as Response to Growing Crypto Usage in Latin America
On Thursday, Tether Operations Limited, the company behind the leading stablecoin Tether (USDT), announced the launch of Tether MXNt (MXNT). According to the company’s press release, the new fiat-pegged stable digital currency was launched in response to a growing cryptocurrency usage across Latin America.