As a fiat gateway, Moneta (MMXN) was created using blockchain to help millions of Mexican users to solve the fiat on/off ramp needs to buy/sell cryptocurrencies. To fill the gap between fiat and crypto, MMXN was designed and developed as a stablecoin that is pegged to the Mexican Peso letting mainstream users intuitively understand the concept between stablecoin and Mexican Peso, ultimately helping them to store their digital assets in a stable value as well as trade and invest freely in the cryptocurrency space. MMXN is completely transparent on the blockchain, all deposits are held in a fully licensed and regulated bank reserve, which is also attested regularly by the most trusted third-party accounting firm.
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