Ripple: Bitso Issues MXNB Stablecoin on XRPL
Ripple and Bitso expand partnership as MXNB launches on XRPL with RLUSD liquidity, while XRP holds at $1.12 amid bearish EMA structure.
SourceAnalysis
Ripple and Bitso deepen their payments alliance as the regulated MXN-backed stablecoin MXNB moves onto XRPL and integrates with Ripple’s Payments on DEX infrastructure for enterprise settlement across Latin America.
Combined with RLUSD, the pair supplies compliant USD and MXN liquidity to XRPL’s Permissioned DEX, directly supporting real-world cross-border flows in the region.
XRP trades at $1.12 beneath the EMA50 resistance at $1.16 while the EMA200 sits at $1.28, confirming the broader bearish structure; the MACD death cross at -0.01 keeps momentum negative even as neutral RSI at 45.83 offers no immediate reversal signal, leaving price inside the Bollinger band with upper resistance at $1.19 and lower support at $1.08 as the next volatility exhaustion targets for any XRP price prediction update.
Ripple
@RippleAs the official account of Ripple, the company focuses on transforming global payments through its enterprise blockchain solutions and digital asset XRP. It shares updates on institutional adoption, regulatory engagements, and technology developments in cross-border finance and central bank digital currencies (CBDCs).