Since 2021:
MXN TIIE return (MXN T-bill equivalent): +78.8%
U.S. short-term rates: +19.0%
Even after currency moves, holding pesos + earning Mexico's overnight rate beat US T-bill rates by 59.9%.
In plain English: the MXN peso carry trade paid more yield + the currency upside.
Since 2021:
BRL Selic return: +82.7%
U.S. short-term rates: +18.9%
After accounting for currency exposure, holding BRL and earning Selic beat USD T-bill by 63.8%.
To put it simply: over the past 5 years, BRL carry earned far more than simply sitting in USD treasury.
We are pleased to announce @tenbinlabs as a Gold Sponsor of BlockchainRIO 2026!
Tenbin Labs is building a new tokenized asset issuance protocol for Real World Assets (RWAs), starting with a focus on FX stables, gold, and commodities.
People lose tens, even hundreds, of bps to AMM slippage.
At Tenbin, we fight for every bp.
Tenbin assets are built different. Literally.
(3bps mint for tBRL & tMXN, 2bps mint for tGLD)
tBRL and tMXN are now live on @bebop_dex
You can swap USDC directly into tBRL and tMXN through https://t.co/0TESwDZ6As.
Stake it to earn 13% on BRL and 7% on MXN, fully liquid on-chain.
Today we’re launching tBRL and tMXN.
Tokenized Brazilian Real and Mexican Peso, now on-chain.
Two of the most liquid + high-yielding currencies globally, tokenized via Tenbin with yield of up to 13% and 7%.
You can now swap USDC for tBRL or tMXN and stake to generate yield, all via https://t.co/0TESwDZ6As.
For the first time, FX carry becomes accessible and liquid on-chain.