A New Way to Handle Money in Argentina: Meet wARS
ArgentinaSun Nov 02 2025
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So, there's this big crypto exchange in Latin America called Ripio. It's got over 25 million users, which is a lot! They just came out with something new: a digital currency called wARS. It's tied to the Argentine peso, so it's stable, just like the peso. You can use it on Ethereum, Coinbase's Base, and World Chain.
This is a big deal because it lets people send and receive money anywhere, anytime, without banks or converting to dollars. And guess what? Inflation in Argentina is going down. It was super high at 292% last year, but now it's at 31. 8%. That's still high, but it's getting better.
Ripio isn't stopping here. They want to do the same thing for other Latin American currencies. Imagine being able to pay someone in Brazil with Brazilian money, or in Mexico with Mexican money, all without needing dollars or expensive middlemen. That's the dream!
Stablecoins are already popular in Argentina and Brazil. Why? Because inflation and strict money rules make people look for safer ways to save. This new wARS token is part of a bigger trend. It's about putting real-world money and investments on the blockchain.
Before this, Ripio launched a digital version of a government bond. Now, with wARS, they're making it easier for people to use their own currency in the digital world. It's all about making money work better for everyone.
https://localnews.ai/article/a-new-way-to-handle-money-in-argentina-meet-wars-4e5dbcf6
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