Argentine Peso (wARS) stablecoin analytics
Answer First
What is Argentine Peso (wARS)?
WARS is Ripio's wrapped Argentine peso stablecoin targeting 1 WARS = 1 ARS, backed by ARS bank deposits and local-currency instruments via wFIAT. The static profile records its Argentine Peso peg mechanism as: Issuer-managed fiat-backed stablecoin route targeting 1 WARS = 1 ARS; DefiLlama classifies the asset as fiat-backed
Is wARS safe?
Pharos does not mark wARS as absolutely safe. Static metadata says Argentine Peso uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Agreed-Upon Procedures from Pablo Eduardo Soto, Contador Público, CPCECABA T.275 F.153 (sole-practitioner certification under Argentine Technical Resolution 37 Section VI; the document states it does not constitute an audit or a review and expresses no professional opinion); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Argentine Peso (wARS) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Argentine Peso.
AI summary / Updated Sep 7, 2026
WARS is the Argentine peso token in Ripio's wFIAT suite, issued natively on Ethereum, Base, World Chain, BNB Chain, Polygon, and Gnosis at one deterministic address, with a Celo deployment tracked separately, and moved between chains by Ripio's own burn-and-mint bridge rail rather than an external validator set. The reserve evidence is a single certification: an independent Argentine accountant reconciled roughly 973 million outstanding wARS to about ARS 1.04 billion of deposits at unnamed Argentine financial...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Independent public accountant certification for wARS - March 2026
- Collateral
- Argentine peso reserves and local-currency liquid instruments backing WARS at a 1:1 target against the Argentine peso
- Peg Mechanism
- Issuer-managed fiat-backed stablecoin route targeting 1 WARS = 1 ARS; DefiLlama classifies the asset as fiat-backed
- Jurisdiction
- Argentina
- Proof Of Reserves
- Agreed-Upon Procedures by Pablo Eduardo Soto, Contador Público, CPCECABA T.275 F.153 (sole-practitioner certification under Argentine Technical Resolution 37 Section VI; the document states it does not constitute an audit or a review and expresses no professional opinion) Reserve source
- Contracts
- 7 deployments tracked across Ethereum, Base, World Chain, and BSC, plus 3 more.
Next Actions
Exact bot target: /subscribe dews,depeg,safety wars-argentine-peso
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
wARS quick answers
What is Argentine Peso (wARS)?
WARS is Ripio's wrapped Argentine peso stablecoin targeting 1 WARS = 1 ARS, backed by ARS bank deposits and local-currency instruments via wFIAT. The static profile records its Argentine Peso peg mechanism as: Issuer-managed fiat-backed stablecoin route targeting 1 WARS = 1 ARS; DefiLlama classifies the asset as fiat-backed
Is wARS safe?
Pharos does not mark wARS as absolutely safe. Static metadata says Argentine Peso uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Agreed-Upon Procedures from Pablo Eduardo Soto, Contador Público, CPCECABA T.275 F.153 (sole-practitioner certification under Argentine Technical Resolution 37 Section VI; the document states it does not constitute an audit or a review and expresses no professional opinion); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs wARS?
Pharos classifies wARS backing as Real-World Asset Backed. Collateral, per the static profile: Argentine peso reserves and local-currency liquid instruments backing WARS at a 1:1 target against the Argentine peso Reserve evidence: Agreed-Upon Procedures from Pablo Eduardo Soto, Contador Público, CPCECABA T.275 F.153 (sole-practitioner certification under Argentine Technical Resolution 37 Section VI; the document states it does not constitute an audit or a review and expresses no professional opinion).
Can wARS be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for wARS, when applicable, appear in the dossier below.
