---
title: "Ripio wMXN (WMXN) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/wmxn-ripio/"
description: "Build-time stablecoin profile for Ripio wMXN (WMXN). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Ripio wMXN (WMXN)

**Peg:** Mexican Peso

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

wMXN completes Ripio's wFIAT set with a Mexican peso asset across the same EVM footprint as the rest of the suite, with reserve transparency the recurring weak point. wMXN completes the tracked Ripio wFIAT set with a Mexican peso asset deployed across the same EVM footprint as WBRL, WCLP, WCOP, and WPEN. DefiLlama provides the live price and circulating-supply path, while Ripio's official local-stablecoin page describes 1:1 local-currency {{term:custody}}custody{{/term}} backing and on/off-ramp {{term:redemption}}redemption{{/term}} via {{term:bridge}}bridge{{/term}} infrastructure. As with the rest of the Ripio suite, the weak point is reserve transparency: public materials describe the backing model but do not expose a reliable per-token attestation feed.

## Collateral

Mexican-peso fiat cash deposited in a Mexican bank account, backing Ripio wMXN one-to-one against the Mexican peso per Ripio's quarterly wFIAT token certifications

## Peg Mechanism

Issuer-controlled wFIAT token: the Ripio affiliate mints WMXN only against segregated Mexican-peso reserves and burns supply as needed, holding 1 WMXN = 1 MXN through on/off-ramp convertibility on Ripio and other VASP platforms plus DEX arbitrage; holders have no contractual on-chain redemption right

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Mexico | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |
| base | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |
| worldchain | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |
| bsc | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |
| polygon | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |
| gnosis | `0x337e7456b420bd3481e7fa61fa9850343d610d34` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/wmxn-ripio.