Glassnode TokenizationGlassnode Tokenization

MXNe — Real MXN

Issuer
Brale
Issuing entity
not published by the issuer
Jurisdiction
US
LEI
none registered
Launched
2024-05-10first mint on solana
Added to registry
2026-10-30
Token ISIN
not published
Underlying asset
Mexican Peso (MXN)
Underlying ISIN
—
Regulator
FinCEN-registered money transmitter (NMLS 2376957)
Custodian
Not disclosed
Claim
Fiat-backed Mexican peso stablecoin issued by Brale
Backing
Cash at U.S. banks, government money market funds and short-dated U.S. Treasury bills in segregated accounts (Brale reserves page)
Eligibility
Primary mint and redeem through Brale accounts only: KYB-verified businesses and KYC-verified individuals, subject to Brale's geographic availability rules
Redemption
Brale account holders; redeemed by burning to fiat rails or to U.S. banks; paid in cash
Fees
Onramp (mint) and offramp (redeem) included with API at no fee; bank payouts $2 per RTP, $20 per wire, 25¢ per ACH; onchain transfers gas fee plus 20%
CEX listings (confirmed)
—

Chain deployments

ChainStandardContractDecimalsIssuanceInteropVerificationChain readStatus
baseERC-200x269caE…30E0aF———verified2026-11-15active
solanaSPL6zYgzrT7…YdB9wa———verified2026-11-15active

Verification is the address matching the issuer's own published source. Chain read is the last time the contract itself was read from a public node or indexer — a separate, later fact. Issuer-reported means the issuer's published per-chain supply confirmed the deployment; the asset itself was not read.

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