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Argentine exchange Ripio bets on local stablecoins, claiming that the next decade will be "the era of stablecoins"
Deep Tide TechFlow News, January 21, According to Cointelegraph, Argentina’s established cryptocurrency exchange Ripio is heavily investing in local currency stablecoins and tokenized bond businesses. 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 active sovereign bond AL30.\n\nRipio CEO Sebastián Serrano stated that although the crypto market is expected to stabilize by 2026, the next decade will be “the era of stablecoins.” Ripio is transitioning from a pure retail exchange to a B2B infrastructure provider, serving banks, fintech companies, and large platforms like Mercado Libre. Serrano emphasized that local stablecoins are crucial for developing decentralized finance lending in Latin America, with a goal to reach at least $100 million in assets under management by the end of 2026.