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Argentinian Exchange Ripio Bets on Peso Stablecoin Amid Cautious Outlook for 2026

2026-01-21 13:57

Odaily News Argentine cryptocurrency exchange Ripio is ramping up its focus on local currency stablecoins and tokenized bonds. Ripio CEO Sebastián Serrano stated that he holds a generally cautious view of the overall crypto market for 2026, expecting a "sideways or sluggish" trend, but anticipates stablecoins will enter a sustained growth cycle lasting a decade. Founded in 2013, Ripio has transformed from a traditional retail exchange into a B2B infrastructure provider, serving clients including banks, fintech companies, and major platforms like Mercado Libre. Currently, Ripio has launched the dollar stablecoin Criptodólar (UXD) and issued various local currency-pegged stablecoins, including the Argentine Peso stablecoin wARS, the Brazilian Real stablecoin wBRL, and the Mexican Peso stablecoin wMXN. It has also launched a tokenized version of Argentina's most active sovereign bond, AL30. Serrano revealed that the trading volume of this bond token exceeded 1 million units on the Sunday of Argentina's October 2025 general election week. (Cointelegraph)