Argentine cryptocurrency exchange Ripio has officially launched wARS, a digital peso stablecoin, marking a significant advancement in Latin America’s blockchain ecosystem. The stablecoin will be accessible across multiple blockchain networks including Ethereum, World Chain, and Base, representing a strategic move to strengthen Ripio’s regional infrastructure.
The deployment of wARS forms part of Ripio’s broader initiative to develop localized digital currency solutions throughout Latin America. Company representatives confirmed plans to introduce additional stablecoins pegged to various regional currencies, designed to facilitate diverse blockchain applications and financial services.
This development positions Ripio at the forefront of Latin America’s growing stablecoin market, offering users enhanced access to digital financial tools while maintaining parity with traditional fiat currencies. The multi-chain approach ensures broader accessibility and interoperability across different blockchain environments, potentially accelerating adoption throughout the region.
The launch comes as Latin American markets increasingly embrace blockchain technology for cross-border transactions, remittances, and digital payments. Ripio’s expansion into stablecoin services reflects the growing demand for cryptocurrency solutions tailored to local economic conditions and regulatory frameworks across the continent.
