Ripio wCOP (WCOP) stablecoin analytics
WCOP is Ripio's Colombian-peso wrapped fiat stablecoin, issued and redeemed through Ripio's wFIAT on/off-ramp infrastructure against local-currency reserves.
Static Profile
Static stablecoin profile
Ripio wCOP (WCOP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Colombian Peso.
AI summary / Updated May 15, 2026
WCOP is Ripio's Colombian peso wFIAT token with off-chain local-currency backing and multi-chain EVM issuance, overlapping with Mento COPm but using a different issuer model. WCOP is the Ripio wFIAT Colombian peso token, added through DefiLlama's price and supply coverage with...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Colombian-peso fiat cash deposited in a Colombian bank account, backing Ripio wCOP one-to-one against the Colombian peso per Ripio's wFIAT token certification
- Peg Mechanism
- WCOP is issued and managed by Ripio against local fiat reserves, but ordinary holders do not have a documented direct redemption right with the issuer. Exits depend on secondary-market liquidity, Ripio on/off-ramp flows, or issuer-managed market operations.
- Jurisdiction
- Colombia
- Proof Of Reserves
- Independent Audit by Pablo Eduardo Soto (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
- 6 deployments tracked across Ethereum, Base, World Chain, and BSC, plus 2 more.
Snippet Answer
Is WCOP safe?
Pharos does not mark WCOP as absolutely safe. Static metadata says Ripio wCOP uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Pablo Eduardo Soto (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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety wcop-ripio
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 May 15, 2026.
WCOP quick answers
What is Ripio wCOP (WCOP)?
WCOP is Ripio's Colombian-peso wrapped fiat stablecoin, issued and redeemed through Ripio's wFIAT on/off-ramp infrastructure against local-currency reserves. The static profile records its Colombian Peso peg mechanism as: WCOP is issued and managed by Ripio against local fiat reserves, but ordinary holders do not have a documented direct redemption right with the issuer. Exits depend on secondary-market liquidity, Ripio on/off-ramp flows, or issuer-managed...
Is WCOP safe?
Pharos does not mark WCOP as absolutely safe. Static metadata says Ripio wCOP uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Pablo Eduardo Soto (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 WCOP?
Pharos classifies WCOP backing as Real-World Asset Backed. Collateral, per the static profile: Colombian-peso fiat cash deposited in a Colombian bank account, backing Ripio wCOP one-to-one against the Colombian peso per Ripio's wFIAT token certification Reserve evidence: Independent Audit from Pablo Eduardo Soto (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 WCOP 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 WCOP, when applicable, appear in the dossier below.