What backs MXNB? Is it safe?

Modified on:


MXNB operates under a financial license, which means it is subject to regulatory oversight.

The value of MXNB is backed by reserves held at a minimum ratio of 1 to 1. This means that for every MXNB in circulation, there is at least the equivalent amount held in reserves.

These reserves are held in Mexican financial institutions and in financial instruments that can be quickly converted to cash if needed.


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