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Anchorage and Bitso Expand MXNB Stablecoin Custody to Six Blockchains

Anchorage Digital Bank and Bitso have extended their partnership to offer institutional custody for MXNB stablecoin across six blockchains.

Anchorage Digital Bank and Bitso have extended their partnership to offer institutional custody for MXNB stablecoin across six blockchains. Ethereum (ETH) is trading at $2,358.09, up 0.2% since this brief published. This is an original TLT brief based on reporting by Crypto Economy, with live market data added, as of Wed, 28 Oct 2026 03:30:04 UTC.

Why it matters

This expansion signifies growing institutional demand for stablecoin solutions across multiple blockchain ecosystems, particularly in Latin America. It also highlights the strategic importance of MXNB as a key stablecoin pegged to the Mexican peso.

Key takeaways
  • Anchorage now offers MXNB custody on Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc.
  • Arbitrum leads the blockchains in TVL at $3.32B, while Avalanche has the lowest at $136.47M.
  • The move coincides with Bitso integrating USDPT and USAT stablecoins on its platform.
The story so far · 2 briefs
  1. Solayer Pay Expands Stablecoin Support to Five Blockchains
  2. Anchorage and Bitso Expand MXNB Stablecoin Custody to Six Blockchains — this brief

Anchorage Digital Bank and Bitso have announced an expansion of their partnership to include the institutional custody of MXNB, a stablecoin pegged to the Mexican peso, across six different blockchains. The supported blockchains are Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc.

This move underscores the increasing demand for stablecoin solutions that span multiple blockchain ecosystems. The inclusion of Arbitrum and Base, which have total value locked (TVL) of $3.32B and $2.88B respectively, highlights the strategic importance of layer-2 solutions in the stablecoin landscape.

In parallel, Bitso has integrated two additional stablecoins, USDPT (issued by Western Union) and USAT (Tether), onto its platform. This integration further strengthens Bitso's position as a key player in the Latin American crypto market.

The broader crypto market remains in a stable condition, with a total market cap of $2.78T and a Fear & Greed index of 51, indicating a neutral sentiment. Ethereum, the leading blockchain in terms of TVL, is currently priced at $2352.26, while Avalanche, one of the supported blockchains, has a market cap of $4B.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Ethereum (ETH) has moved from $2,352.26 to $2,358.09 — +0.25%.

$2,351$2,353$2,355$2,357$2,359 published · $2,352 now · $2,358 (+0.25%) Oct 28 01:46 UTC Oct 28 03:30 UTC
BeforeSince publishPublished · $2,352.26
CoinAt publishNowSince publish
ETH$2,352.26$2,358.09+0.25%
USDT$0.9988$0.9988-0.00%
AVAX$9.01$9.02+0.11%

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 ETH ≈ ₦3.26M (about $2,358.09), up 2.0% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

$2,358.09 ▲ 2.03%
+0.25% since this brief published
7d -4.01%MCap $288.08BFull ETH data →
USDT
#3
$0.9988 ▲ 0.01%
7d -0.05%MCap $181.61BFull USDT data →
#27
$9.02 ▲ 2.61%
+0.11% since this brief published
7d -7.48%MCap $4.00BFull AVAX data →
The market when this published · October 28, 2026
Total market cap$2.78T
Bitcoin 24h+1.15%
Ethereum 24h+1.52%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.

Arbitrum TVL$3.31B-3.2% 7dDeFiLlama ↗
Base TVL$2.90B-3.3% 7dDeFiLlama ↗
Polygon TVL$2.71B-1.0% 7dDeFiLlama ↗
Ethereum DeFi TVL$46.39BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Anchorage and Bitso Expand MXNB Stablecoin Custody to Six Bl — questions & answers

Which blockchains will support MXNB custody?

MXNB custody will be supported on Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc.

What other stablecoins did Bitso integrate?

Bitso integrated USDPT (Western Union) and USAT (Tether) stablecoins.

How does this move impact the stablecoin market?

This expansion signifies growing institutional interest in stablecoins across multiple blockchains, particularly in Latin America.

How much is 1 Ethereum worth in naira today?

About ₦3.26M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,358.09. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is up 0.25% since this brief first published — trading at $2,358.09 now versus $2,352.26 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyTether Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 28, 2026 ⛓ Timestamped at Bitcoin block #973,483 sha256:6baae6621e4579f0
Based on reporting by Crypto Economy — this is an original TLT summary with live market data, not the original article.Crypto Economy · Oct 28 01:46 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.