Brazilian exchange Ripio to expand stablecoin, RWA tokenization businesses

Latin American cryptocurrency exchange Ripio is investing in stablecoins and the tokenization of real-world assets (RWA), predicting significant growth in these sectors over the next 10 years, according to Cointelegraph. Ripio CEO Sebastian Serrano stated that he believes the next decade will be the era of stablecoins. The exchange has launched several related products, including the peso-pegged stablecoin wARS, the Brazilian real stablecoin wBRL, the Mexican peso stablecoin wMXN, the U.S. dollar stablecoin UXD, and a tokenized version of the Argentine government bond AL30.