At the time, Tether’s then-chief technology officer, CEO Paolo Ardoino, touted the token as a store of value for Mexican crypto users and a way to smooth the transition from fiat pesos to crypto.

The uptrend in USD/MXN remains intact even though the pair dipped to the confluence of the 100 ... The Mexican Peso (MXN) is the most traded currency among its Latin American peers. Its value ...