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Mexo lists CNHC: An offshore RMB stablecoin



Source: Unsplash

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:

About CNHC

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.

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

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