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



# Ripio wPEN (WPEN)

**Peg:** Other

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

Ripio's PEN-pegged wrapper extends Latam fiat coverage across six EVM chains, but per-token reserve attestation is missing. WPEN adds Peruvian sol exposure to Pharos through Ripio's local-currency stablecoin suite. DefiLlama supplies price and circulating-supply data, and Ripio's same-address EVM deployment pattern lets Pharos track contracts on Ethereum, Base, World Chain, BNB Chain, Polygon, and Gnosis via {{term:bridge}}bridged{{/term}} routes. PEN is grouped under OTHER because it does not yet have a dedicated peg category. Like the rest of the new Ripio rows, reserve transparency is the limiting factor: the backing model is described under issuer {{term:custody}}custody{{/term}}, but no per-token {{term:attestation}}attestation{{/term}} feed is public enough to verify {{term:redemption}}redemption{{/term}} capacity.

## Collateral

Each wPEN is backed 1:1 by liquid instruments denominated in Peruvian sol (PEN) held in Peruvian bank accounts, with reserves periodically attested by local public accountants per Ripio's wFIAT framework

## Peg Mechanism

Fiat-backed 1:1 PEN stablecoin under Ripio's wFIAT framework: a Ripio subsidiary mints and burns supply via role-based access control (DEFAULT_ADMIN_ROLE / MINTER_ROLE) against PEN collateral, with mint and redeem routed through Ripio's PEN on/off-ramp; the contract is a UUPS-upgradeable, pausable ERC-20 with EIP-2612 permit

## Jurisdiction

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

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |
| base | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |
| worldchain | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |
| bsc | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |
| polygon | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |
| gnosis | `0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe` | 18 |

## Live Data

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