wARS goes live on Ethereum and World Chain and is listed on Base via Coinbase, enabling instant QR payments and cross-border transfers among companies, individuals, and financial institutions.

Ripio’s wARS launch follows a prior tokenized sovereign bond, signaling a broader push to bring real-world assets onto blockchain infrastructure.

In a region with inflation and currency controls, fiat-backed stablecoins are already popular, and wARS adds to the move toward tokenizing fiat currencies and other real assets on blockchain rails.

Ripio, the Argentine exchange, launches wARS, a peso-linked stablecoin built on Ethereum and Base to expand cross-border payments and remittances across Latin America.

Ripio plans to issue additional stablecoins pegged to other Latin American currencies, enabling quick settlement for regional transfers such as Brazil to Argentina and reducing reliance on the U.S. dollar.

Future peso-linked stablecoins are expected for other Latin currencies to facilitate local-currency cross-border payments and minimize intermediary steps.

The stablecoin digitizes local currency on the blockchain, enabling fast, transparent everyday transactions with settlement in seconds and less dependence on traditional banks.

wARS aims to let users send and receive funds globally without banks or USD conversions, simplifying cross-border payments in local currencies.

The launch is framed as a regional milestone, signaling Ripio’s leadership in fiat-on-chain integration and its pursuit of borderless, transparent financial operations.

Ripio CEO Sebastian Serrano says the launch sets a new standard for digital remittance and payments on blockchain, aligning with fiat tokenization and potential real-world assets (RWA).

Argentina’s inflation has fallen from its prior peak to a more favorable level under the current government, creating a more conducive environment for peso-linked stablecoins.

The move fits a broader LATAM trend of rising stablecoin use, with reference to substantial global stablecoin market activity and high usage in Argentina and Brazil.