MXNB, Bitso’s Mexican peso-pegged stablecoin, issued on the XRP Ledger, Ripple’s decentralised layer-1 blockchain, will support cross-border payment flows across the US and Mexico
The fund is Federated Hermes' first product designed to satisfy the requirements for eligible reserve assets that payment-stablecoin issuers are required to maintain under the GENIUS Act
Supported currency pairs available via the FalconX platform are expected to benefit from real-time settlement capabilities through BC-NOW, Banking Circle’s internal settlement network
Hari Ramachandran joins the firm as product director, digital assets and DLT, bringing seven years of experience spanning stablecoins, custody, and tokenisation with him to his new role
From its Miami hub, the firm will support digital asset and crypto companies requiring regulated multi-currency infrastructure linking the US with the UK, Europe, and emerging markets
The firm is launching a hybrid post-trade infrastructure handling both traditional and digital securities, digitising the full lifecycle, including settlement, custody, and asset servicing
Morpho says the financing comes at a time when the broader financial system is moving increasingly onchain, generating demand for programmable credit rails that can support digital asset lending
In partnership with Bit2Me, the service integrates cryptocurrency trading operations, real-time access to market data, advanced execution capabilities, and secure custody infrastructure
The firm’s regional arm has expanded its institutional offering beyond custody, staking, and OTC trading, intended to support MENA’s long-term growth and local expertise
Diane Sherman brings more than 20 years of experience across capital markets, focussing on the evolution of tokenisation, trading platforms, and collateral optimisation to the role
