Elias Sitton Salame reveals AXO to crypto world, with vision to improve payment system
Mexico, October 02, 2021 (GLOBE NEWSWIRE) – For those who may not know, AXO is the first crypto token for the Mexican peso, MXNT. While AXO is already integrated with Uniswap, plans are underway to list the token on different exchanges to facilitate the exchange of MXNT.
In an effort to help drive adoption of MXNT, the Axolotl MXN team is pleased to announce the introduction of its token, AXO, into the crypto community. AXO is a stablecoin with a value equivalent to MXN 1.00.
Use cases for tokens
AXO is the native currency of the Axolotl MXN ecosystem. Users can use the token to purchase goods and services over the Axolotl MXN protocol. Users can also use AXO to pay transaction fees and get a discount. In the future, AXO will be used for staking, lending and borrowing. While will also be used and accepted in all commercial locations, like restaurants, convenience stores, super centers, brands, etc.
Each AXO in circulation is backed by fiat money. In essence, its value is equivalent to MXN 1.00 at all times.
AXO is available to everyone. You can exchange your token for the Mexican peso and instantly withdraw fiat money.
AXO’s operations are highly transparent. In fact, the operations are guided by reputable financial institutions. Being a stablecoin, AXO is powered by blockchain technology, which guarantees security.
Axolotl MXN brings together a team of experienced and competent people to defend the progress of the project. The team is led by Mr. Elias Sitton Salame, who is the Chief Executive Officer (CEO). Elias has several years of experience in the Fintech industry.
He is ably assisted by Diego Quinzaños Solorzano, who is the co-founder (CFO). Diego is experienced in the Ethereum network and decentralized technologies. Érick Bernal Navarro, who is the CTO of the team, and Óscar Giovanny Bernal, who is also the co-founder, are also part of the team. This team works together to achieve a common goal.
The AXO team intends to launch a platform by early 2022 to make it easier to receive and issue direct payments for businesses and individuals. The platform to be launched will accelerate the adoption of MXNT at low cost.
Purchase of AXO tokens:
One can buy AXO by contacting AXO directly and even become a distributor of the next cryptocurrency, which aims to revolutionize the financial ecosystem and will be listed on the main world stock exchanges.
With a large and continuously growing distribution network in different countries and alliances with different world-class international companies that implement AXO in their day-to-day operations, MXN is chosen as a backup as it is one of the top 10 currencies. used in the world, the third most used for remittances and the most stable currency in Latin America.
About AXO Token
AXO is the first Mexican digital currency backed 1: 1 by MXN. In other words, AXO is a stablecoin with an equivalent value of MXN 1.00 at all times. In the public domain, it is no longer news that MXN is among the top 10 best performing fiat currencies in the world. MXN is also Latin America’s most stable fiat currency.
Meanwhile, Axolotl MXN is an investment promotion company that confirms fiduciary reservations to secure tokenized currencies. The company was created in accordance with the laws of Mexico. Since the launch of the company, she has continuously worked with renowned international accounting brands to verify that the 1: 1 is still maintained.
One of the important uses of AXO is the hassle-free buying and redemption of digital tokens. AXO strives to make the MXNT buyout process a breeze.
Society: Axo.lt, MXNT
Name of the contact: Elias Sitton Salamé (CEO)
E-mail: [email protected]