Profile
WCLP profile facts
Ripio wCLP (WCLP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Chilean Peso.
- Collateral
- Chilean-peso cash and liquid local-currency instruments backing Ripio wCLP at a one Chilean peso target
- Peg mechanism
- WCLP is issued and managed by Ripio against local fiat reserves. The wFIAT whitepaper expressly denies token holders any issuer redemption right or claim to funds. Exits depend on secondary-market liquidity, available Ripio on/off-ramp flows, or issuer-managed market operations.
- Jurisdiction
- Chile
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 10 deployments tracked across Ethereum, Base, World Chain, and BSC, plus 6 more.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
WCLP quick answers
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What is Ripio wCLP (WCLP)?
WCLP is Ripio's wrapped Chilean peso stablecoin targeting 1 WCLP = 1 CLP, backed by CLP cash and local-currency instruments under Ripio's wFIAT issuance. The static profile records its Chilean Peso peg mechanism as: WCLP is issued and managed by Ripio against local fiat reserves. The wFIAT whitepaper expressly denies token holders any issuer redemption right or claim to funds.
Is WCLP safe?
As of Nov 8, 2026, Pharos grades WCLP D (43/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs WCLP?
Pharos records WCLP's reserves in its review of Aug 29, 2026 as 100% Chilean-peso cash and local-currency liquid instruments. Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.
Can WCLP be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem WCLP?
Under the route Pharos reviewed on Oct 7, 2026, WCLP redeems for a single stable asset, such as cash or a stablecoin; holder eligibility is not documented. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
