CNHC, a stablecoin pegged to the Offshore Chinese Yuan, has officially been launched on Mexo.
A milestone in international trade history
International traders can now access a new channel to collect, transfer, and exchange fiat currencies.
CNHC is the first stablecoin targeting international trade settlement and is already used as a settlement currency in Mexico and LatAm with a total trade volume exceeding 500 million RMB.
Mexo is a reputable and influential exchange serving Mexico and LATAM with a daily trade volume of about 80 million USD.
Listing details: CNHC/MMXN trading pair
Mexo will launch the CNHC/MMXN trading pair.
MMXN is a stablecoin fully backed by the Mexican Peso.
Users can exchange CNHC to and from MMXN at a minimal foreign exchange cost.
For questions about Mexo, please visit: https://mexo.zendesk.com/hc/en-us
CNHC (CNH Coin) is a stablecoin pegged to the offshore Renminbi (CNH) at a ratio of 1:1. It’s applications include trade settlement, Web3 applications and asset allocation. CNHC’s fiat reserves are safeguarded in a trust account and are regularly reviewed by independent audit firms.
For more information, visit CNHC’s official website.
Disclaimer: This is a paid post and should not be treated as news/advice.