Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

Cointelegraph

Published May 26, 2022 09:51AM ET

Updated May 27, 2022 01:00PM ET

Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks.

In an announcement sent to Cointelegraph on Thursday, Tether mentioned that the token will have the MXNT ticker and will join Tether's roster of fiat-pegged stablecoins that includes dollar-pegged USDT, euro-pegged EURT and Chinese yuan-pegged CNHT.

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