Ripio, a Latin American cryptocurrency exchange with over 25 million users, announced the launch of wARS, a stablecoin pegged to the Argentine peso. The token is already listed on Ethereum, Coinbase's Base, and WorldChain. wARS allows users to send and receive funds globally without needing banks or USD conversion. Ripio stated that it plans to launch similar stablecoins for other Latin American currencies in the future to facilitate cross-border payments using local currencies in the region. (CoinDesk)
Latin American cryptocurrency exchange Ripio launches wARS, a stablecoin based on the Argentine peso.
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