
Gabby Willis
@gabbywillis
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MXNe is live on @base!
Issued by Brale in partnership with Etherfuse, MXNe is the first Mexican peso-backed stablecoin in the Base ecosystem powering onchain payments and FX in the local Mexican economy 🇲🇽
MXNe is available to swap on @aerodrome, acquire through Capa Finance, or mint 1:1 through Brale.
By transacting in Pesos on-chain, Mexican communities benefit from lower fees, near-instant settlements, and the ability to retain more value within their ecosystem.
David Taylor, CEO of Etherfuse: “MXNe’s expansion to Base, made possible through our partnership with Brale, has the potential to revolutionize the way we transact and capture value. This is a significant step forward for Mexican finance, benefiting the communities who create, develop, promote, and use it.”
We’re excited to help grow onchain finance in Mexico. To learn more about integrating MXNe, reach out to our team. 5 replies
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Reposting a note comparing some aspects of the current crypto space to weed that I made on the other app:
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Ten years ago, to many weed represented freedom, and rebellion against sclerotic old order that denied self-sovereignty over our bodies. Then, weed became legalized, and "official".
On that day, I remember my personal interest in weed dropping by > 2x overnight.
And since then, public discourse is moving toward a balanced view of weed: it is much less harmful than alcohol and smoking, and has valuable medical uses, but it is also far from harmless, especially in its modern corporate hyper-optimized versions.
Crypto finance is similar. In the old order, @GaryGensler created a regime where tokens that give investors clear indication of what their rights are and where their revenue comes from is a "security", but obfuscated "governance tokens" are potentially in the clear.
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