What is Mexican Peso (WMXN)?
wMXN is a fully collateralized stablecoin pegged 1:1 to the Mexican peso (MXN). Issued and governed by a Ripio subsidiary, it brings MXN on-chain so Mexicans and global users can transact, save, and build on decentralized networks in their local currency. Backed by Ripio’s since-2013 track record in LATAM, wMXN enables faster, cheaper MXN transfers, FX and remittance flows, DeFi trading and lending, and seamless on/off-ramps and payments without leaving the MXN unit of account.
Where can you buy Mexican Peso?
Mexican Peso (WMXN) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WMXN sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for WMXN. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.