Ripio wPEN (WPEN) stablecoin analytics
WPEN is Ripio's Peruvian-sol wrapped fiat stablecoin, issued and redeemed through Ripio's wFIAT on/off-ramp infrastructure against local-currency reserves.
Static Profile
Static stablecoin profile
Ripio wPEN (WPEN) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Other.
AI summary / Updated May 15, 2026
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...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- 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
- Peru
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 6 deployments tracked across Ethereum, Base, World Chain, and BSC, plus 2 more.
Snippet Answer
Is WPEN safe?
Pharos does not mark WPEN as absolutely safe. Static metadata says Ripio wPEN uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; 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 wpen-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.
WPEN quick answers
What is Ripio wPEN (WPEN)?
WPEN is Ripio's Peruvian-sol 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: 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...
What backs WPEN?
Pharos classifies WPEN backing as Real-World Asset Backed. Collateral, per the static profile: 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 Reserve evidence: curated reserve profile.
Can WPEN 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 WPEN, when applicable, appear in the dossier below.