Ripio wMXN (WMXN) stablecoin analytics
WMXN is Ripio's Mexican-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 wMXN (WMXN) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Mexican Peso.
AI summary / Updated May 15, 2026
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...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Mexican-peso fiat cash deposited in a Mexican bank account, backing Ripio wMXN one-to-one against the Mexican peso per Ripio's wFIAT token certification
- Peg Mechanism
- Issuer-controlled wFIAT token: the Ripio affiliate mints WMXN against local 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
- Mexico
- 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 WMXN safe?
Pharos does not mark WMXN as absolutely safe. Static metadata says Ripio wMXN 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 wmxn-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.
WMXN quick answers
What is Ripio wMXN (WMXN)?
WMXN is Ripio's Mexican-peso wrapped fiat stablecoin, issued and redeemed through Ripio's wFIAT on/off-ramp infrastructure against local-currency reserves. The static profile records its Mexican Peso peg mechanism as: Issuer-controlled wFIAT token: the Ripio affiliate mints WMXN against local 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...
Is WMXN safe?
Pharos does not mark WMXN as absolutely safe. Static metadata says Ripio wMXN 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 WMXN?
Pharos classifies WMXN backing as Real-World Asset Backed. Collateral, per the static profile: Mexican-peso fiat cash deposited in a Mexican bank account, backing Ripio wMXN one-to-one against the Mexican 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 WMXN 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 WMXN, when applicable, appear in the dossier below.