Anchorage Expands MXNB Stablecoin Custody to Six Blockchains via Bitso Partnership
Anchorage Digital Bank will custody MXNB stablecoin across Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc blockchains.
Anchorage Digital Bank will custody MXNB stablecoin across Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc blockchains. Ethereum (ETH) is trading at ₹2,24,130 ($2,354.32). This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Wed, 28 Oct 2026 03:00:01 UTC.
This expansion signifies growing institutional demand for stablecoin solutions across multiple blockchains, particularly for Latin American markets. It also highlights the strategic importance of partnerships in the stablecoin ecosystem.
- Anchorage now custodians MXNB stablecoin across six blockchains including Ethereum and Avalanche.
- Arbitrum and Base blockchains show higher TVL ($3.32B, $2.88B) compared to Avalanche ($136.47M).
- The move coincides with broader adoption of dollar-pegged stablecoins USDPT and USAT by Bitso.
- Solayer Pay Expands Stablecoin Support to Five Blockchains
- Anchorage Expands MXNB Stablecoin Custody to Six Blockchains via Bitso Partnership — this brief
Anchorage Digital Bank has announced an expansion of its partnership with Bitso to include custody services for the MXNB stablecoin, which is pegged to the Mexican peso.
The MXNB stablecoin will now be supported across six blockchains:
Ethereum, Arbitrum, Base, Polygon,
Avalanche, and Arc. This move underscores the growing demand for multi-chain stablecoin solutions.
Arbitrum and Base blockchains currently have the highest total value locked (TVL) among the supported chains, with $3.32 billion and $2.88 billion respectively, according to DeFiLlama. Avalanche, on the other hand, has a TVL of $136.47 million.
In parallel, Bitso has integrated two additional stablecoins: USDPT, issued by Western Union, and USAT, issued by
Tether. This integration suggests a broader strategy to enhance stablecoin offerings on the platform.
The broader crypto market remains in a neutral sentiment with a Fear & Greed index of 51. Ethereum is currently trading at $2352.26, up 1.52% in the last 24 hours, while Avalanche has seen a slight increase of 1.53% to $9.01.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹2,23,933.59$2,352.26 to ₹2,24,129.70$2,354.32 — +0.09%.
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 Token Times'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.
At today's peer-to-peer rate, 1 ETH ≈ ₹243,672.12 (about $2,354.32), up 1.7% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times 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 Expands MXNB Stablecoin Custody to Six Blockchains — questions & answers
What blockchains will MXNB be available on?
MXNB will be supported on Ethereum, Arbitrum, Base, Polygon, Avalanche, and Arc blockchains.
How does this affect the stablecoin market?
This expansion adds to the institutional adoption of stablecoins and highlights the importance of multi-chain solutions.
What other stablecoins did Bitso integrate?
Bitso integrated USDPT (Western Union) and USAT (Tether) stablecoins.
How much is 1 Ethereum worth in rupee today?
About ₹243,672.12 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,354.32. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.09% since this brief first published — trading at ₹2,24,130 ($2,354.32) now versus ₹2,23,934 ($2,352.26) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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.
Original summary — not financial advice. This is an original Token Times 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.