Glossary

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Term	Definition
CLABE Type	The Clave Bancaria Estandarizada (CLABE) standard uniquely identifies an account in Mexico's financial system, and it is useful for sending and receiving inter-bank fund transfers. It contains 18 digits identifying the institution holding the account and the bank account number. Bitso associates a type to the CLABEs linked to an account to differentiate products. When creating your Juno account, a CLABE of type AUTO_PAYMENT is linked to it in addition to a CLABE of type MAIN if you are a Mexican customer, or of type INTERNATIONAL if you are a non-Mexican customer. To trigger issuances, you must use the AUTO_PAYMENT CLABE type, because it is the only type that automatically initiates an issuance. This CLABE is also the only one reported in the funding details of your Juno account. All CLABEs created using Juno's Multiple User CLABEs API are of type AUTO_PAYMENT.
Issuance	It is the process of sending MXNB tokens to a Juno account after receiving the equivalent amount in MXN (fiat → stablecoin). An issuance starts with a customer depositing MXN in their Juno account via the SPEI® network, followed by Juno issuing the MXNB tokens on a 1:1 basis.
Juno	It is the company behind the MXNB stablecoin and the Mint Platform. The MXNB stablecoin is pegged to the Mexican peso on a 1:1 basis. Juno is part of the Bitso group as a subsidiary of Bitso.
Mint Platform	It is Juno's user interface. It enables B2B clients to access MXNB-related features and functionalities such as issuances, redemptions, asset conversions, pay-ins, and payouts.
Redemption	The exchange of MXNB tokens for MXN on a 1:1 basis (stablecoin → fiat), where the MXN funds are received in an external bank account owned by a Juno customer or a third party.