The post Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin ‘wARS’ appeared on BitcoinEthereumNews.com. Ripio, a Latin American crypto exchange with more than 25 million users, has launched a new stablecoin pegged to the Argentine peso. The token, called wARS, is now live on Ethereum, Coinbase’s Base, and World Chain, local news outlet La Nacion reports. The peso-backed token allows users to send and receive funds around the world, at any time, without using banks or converting to U.S. dollars. Its launch comes as Javier Milei’s government brought inflation in the country down from 292% in April of last year to now stand at 31.8%. Ripio says it plans to launch similar stablecoins for other Latin American currencies. That could eventually allow cross-border payments in local money across the region, something today usually requires U.S. dollars or costly intermediaries. Stablecoins are already popular in Argentina and Brazil, where inflation and tight currency controls push people to seek more stable stores of value. The launch of wARS follows Ripio’s earlier release of a tokenized version of a sovereign bond, and adds to the broader push toward bringing real-world assets like fiat currencies and securities onto blockchain rails. Source: https://www.coindesk.com/markets/2025/11/01/latin-american-crypto-exchange-ripio-launches-argentine-peso-stablecoin-warsThe post Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin ‘wARS’ appeared on BitcoinEthereumNews.com. Ripio, a Latin American crypto exchange with more than 25 million users, has launched a new stablecoin pegged to the Argentine peso. The token, called wARS, is now live on Ethereum, Coinbase’s Base, and World Chain, local news outlet La Nacion reports. The peso-backed token allows users to send and receive funds around the world, at any time, without using banks or converting to U.S. dollars. Its launch comes as Javier Milei’s government brought inflation in the country down from 292% in April of last year to now stand at 31.8%. Ripio says it plans to launch similar stablecoins for other Latin American currencies. That could eventually allow cross-border payments in local money across the region, something today usually requires U.S. dollars or costly intermediaries. Stablecoins are already popular in Argentina and Brazil, where inflation and tight currency controls push people to seek more stable stores of value. The launch of wARS follows Ripio’s earlier release of a tokenized version of a sovereign bond, and adds to the broader push toward bringing real-world assets like fiat currencies and securities onto blockchain rails. Source: https://www.coindesk.com/markets/2025/11/01/latin-american-crypto-exchange-ripio-launches-argentine-peso-stablecoin-wars

Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin ‘wARS’

Ripio, a Latin American crypto exchange with more than 25 million users, has launched a new stablecoin pegged to the Argentine peso.

The token, called wARS, is now live on Ethereum, Coinbase’s Base, and World Chain, local news outlet La Nacion reports.

The peso-backed token allows users to send and receive funds around the world, at any time, without using banks or converting to U.S. dollars. Its launch comes as Javier Milei’s government brought inflation in the country down from 292% in April of last year to now stand at 31.8%.

Ripio says it plans to launch similar stablecoins for other Latin American currencies. That could eventually allow cross-border payments in local money across the region, something today usually requires U.S. dollars or costly intermediaries.

Stablecoins are already popular in Argentina and Brazil, where inflation and tight currency controls push people to seek more stable stores of value.

The launch of wARS follows Ripio’s earlier release of a tokenized version of a sovereign bond, and adds to the broader push toward bringing real-world assets like fiat currencies and securities onto blockchain rails.

Source: https://www.coindesk.com/markets/2025/11/01/latin-american-crypto-exchange-ripio-launches-argentine-peso-stablecoin-wars

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002101
$0.002101$0.002101
-12.96%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.