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PHAROSlive stablecoin signals

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 Other.

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 cash and liquid local-currency instruments backing Ripio wCOP at a one Colombian peso target
Peg Mechanism
Issuer-managed local-currency stablecoin route targeting 1 WCOP = 1 COP through Ripio's wFIAT issuance, redemption, and on/off-ramp infrastructure
Jurisdiction
Colombia
Proof Of Reserves
Independent Audit by Local public accountants 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 Local public accountants; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. 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 Other peg mechanism as: Issuer-managed local-currency stablecoin route targeting 1 WCOP = 1 COP through Ripio's wFIAT issuance, redemption, and on/off-ramp infrastructure

What backs WCOP?

Pharos classifies WCOP backing as Real-World Asset Backed. Collateral, per the static profile: Colombian-peso cash and liquid local-currency instruments backing Ripio wCOP at a one Colombian peso target Reserve evidence: Independent Audit from Local public accountants.

Can WCOP be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for WCOP, when applicable, appear in the dossier below.