PANews reported on March 26 that according to CoinDesk, the cryptocurrency exchange Bitso announced the establishment of a subsidiary, Juno, which will issue and manage digital assets including stablecoins. The first token issued by Juno is the fully-backed Mexican Peso stablecoin (MXNB), which aims to promote cross-border payments and financial transactions in the region. To support the adoption of its stablecoins, Juno launched the Juno Mint platform, which provides enterprises with APIs and tools for issuing, exchanging and converting MXNB, and realizes the inflow and outflow of legal tender with Mexico's SPEI banking system.