Latin American crypto exchange Ripio has unveiled a new stablecoin, wARS, pegged 1:1 to the Argentine peso, marking a significant step toward integrating local currencies into blockchain ecosystems. The token, announced on November 1, 2025, is now live on Ethereum, Coinbase’s Base, and World Chain, enabling users to transfer and hold value globally without relying on banks or converting to U.S. dollars.
The introduction of wARS comes as Argentina continues to battle high inflation and strict capital controls, conditions that have long driven citizens to seek alternative means of preserving value. By anchoring wARS to the peso, Ripio aims to offer a stable, blockchain-based instrument for payments and remittances that reflects local purchasing power while retaining crypto’s accessibility and speed.
According to Ripio, wARS will not only serve retail users but also businesses and fintech platforms seeking to facilitate cross-border settlements in Latin American currencies. The company also revealed plans to expand the model to include stablecoins tied to other regional currencies in the coming months, positioning itself as a key player in developing a multi-currency digital payment network across the region.
The launch of wARS follows Ripio’s earlier ventures into tokenized assets, including its release of a blockchain-based sovereign bond, underscoring its broader commitment to bringing real-world assets (RWAs) on-chain. This latest initiative aligns with a growing trend in Latin America, where crypto adoption is accelerating amid volatile monetary conditions and a rising appetite for blockchain-driven financial tools.
By merging local currency stability with decentralized infrastructure, Ripio’s wARS may signal a new phase for crypto adoption in emerging markets, one where blockchain becomes not just a speculative tool, but a foundation for practical financial inclusion.