What is Puente Railway?.
Puente Railway is our settlement infrastructure partner — the payment infrastructure Pesito plans to use to move money between accounts. This page exists because we believe you deserve to know — in plain English — what would actually happen under the hood when you tap "Send", without marketing fluff and without hiding technical names you'll find anyway in the app's fine print.
Pesito is pre-launch. Transfers are not yet available. This page describes the planned settlement model, which may change before launch. We will publish the final list of partner institutions and asset issuers on this site before launch.
What you'll see.
Your Pesito balance will be in Mexican pesos (MXN) and, optionally, in U.S. dollars (USD). That's what you'll load, send, receive, and withdraw. You'll never see blockchain, never buy a digital asset, never sign a crypto transaction. Pesito is not a crypto wallet.
What would happen underneath.
Under the planned model, when a transfer crosses between two Pesito accounts, on the intermediate leg, value would move using two digital assets of this kind:
- USDc — a digital asset pegged to the U.S. dollar, issued by a regulated issuer and designed to be backed 1:1 with dollar reserves.
- MXNB — a digital asset pegged to the Mexican peso, issued by a regulated Mexican entity and designed to be backed 1:1 with pesos in bank custody.
These assets would be used only as an internal settlement vehicle. You would never buy them, never sell them, never hold them. They would be redeemed 1:1 for the pesos or dollars in your balance before you ever touch anything. The specific issuers and partner institutions will be named on this site before launch.
Why we're building it this way.
The traditional banking system charges a fee on every leg: a typical remittance passes through 3–5 institutions (sender bank, sponsor, correspondent, receiver bank, local agent). Each takes a slice as fee or FX margin. Modern digital settlement rails are designed for fast settlement with fewer per-leg fees. That's part of what lets us plan a flat $1 Pesito fee per US→Mexico transfer and build Pesito with no exchange-rate markup from Pesito: our reference is a mid-market rate average at quote time, and any rate margin would appear as a separate, disclosed line item — never hidden inside the rate.
Planned launch pricing — not yet available. Final pricing is always shown in the app before you pay and may change before launch. Your recipient's bank or cash-out location may charge its own fees, and foreign taxes may apply. Pass-through operator fees, if any, are shown before you confirm.
What this does NOT mean.
- USDc and MXNB are not legal tender. They are virtual assets under Mexican law; the regulator says so and so do we.
- Your Pesito balance would not fluctuate with crypto prices. If your balance shows $1,000 MXN, you'll have one thousand pesos — not an equivalent that bounces around.
- "Depeg" exposure is not designed to reach you. Under the planned model, Pesito and its settlement partner would carry the operational risk of the redemption mechanism rather than passing it to you.
- You would not be "buying crypto" when using Pesito. You would not operate virtual assets — our settlement partner would use them internally, and we disclose that plainly here.
More details.
For a deeper dive, Puente Railway publishes technical documentation at puente.sh. Specific regulatory questions are answered in our Terms of Service. If anything on this page is unclear, write us at hola@pesito.la — same tone as this page.
Notice: this page is general information, not legal or financial advice. Pesito is pre-launch; the settlement model described here is planned and may be updated when partners or issuing entities change. Any material change is published here and in the Terms.