TechFlow reports that on January 21, according to Cointelegraph, Argentina’s long-established cryptocurrency exchange Ripio is making significant investments in local-currency stablecoins and tokenized bonds. The company has launched several fiat-backed stablecoins, including wARS (pegged to the Argentine peso), wBRL (pegged to the Brazilian real), and wMXN (pegged to the Mexican peso), as well as a tokenized version of Argentina’s most actively traded sovereign bond, the AL30.
Ripio CEO Sebastián Serrano stated that while the cryptocurrency market is expected to stabilize by 2026, the next decade will be “the era of stablecoins.” Ripio is transitioning from a purely retail-focused exchange into a B2B infrastructure provider serving banks, fintech firms, and major platforms such as Mercado Libre. Serrano emphasized that locally pegged stablecoins are critical for advancing decentralized finance (DeFi) lending across Latin America, with a target of achieving at least $100 million in assets under management by the end of 2026.
