WCLP, issued by Moonbird S.R.L., is a fiat-pegged stablecoin that tracks the Chilean peso (CLP) at one-to-one parity and is backed by fiat reserves held in local bank accounts. [S1][S2]

WCLP provides onchain exposure to the Chilean peso (CLP), maintaining 1:1 parity with the local currency. [S2] The token is backed one-to-one by fiat held in a Chilean bank account, with collateral attestations completed and certified by local public accountants and issuance and burn data verifiable onchain with transaction IDs. [S1][S3] WCLP is price-tracking and discloses no embedded yield. [S1][S2] Ripio markets on-ramp and off-ramp transfers without additional fees, though network gas costs may apply. [S1]

Moonbird S.R.L., an Argentine entity operating the Ripio platform, is registered as a Virtual Asset Service Provider (PSAV) under N° 36, dated June 5, 2024. [S4][S5] Moonbird is not authorized as a financial entity by the Central Bank of the Argentine Republic (BCRA), and account funds do not constitute deposits or carry such guarantees. [S4][S6] Under Ripio's Argentine terms the tokens are not a negotiable value, security, or commodity. [S5] KYC identity verification is required. [S7] Holders convert to and from fiat via on-ramp and off-ramp, returning the token to release the equivalent segregated reserve. [S1][S3] Virtual assets remain the property of the user, with Moonbird acting as custodian. [S5]

WCLP is an ERC-20 standard token. [S3] The Ripio Bridge supports WCLP across Ethereum, World Chain, Base, Polygon, Gnosis and Binance/BNB Smart Chain, and Ripio completed first-ever mints of WCLP on World Chain. [S1][S3][S8] The issuing entity mints and burns tokens, with each event verifiable onchain; cross-chain movement uses the Ripio Bridge smart contract in approximately 15 minutes. [S1][S8]

<Sources
  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://www.ripio.com/en/cryptos/local-stablecoins" },
    { id: "S2", url: "https://www.ripio.com/es/criptos/stablecoins" },
    { id: "S3", url: "https://launchpad.ripio.com/guias/stablecoins" },
    { id: "S4", url: "https://www.ripio.com/en/cryptos/local-stablecoins" },
    { id: "S5", url: "https://terms.ripio.com/ar/wallet" },
    { id: "S6", url: "https://terms.ripio.com/select/ripio-us" },
    { id: "S7", url: "https://terms.ripio.com/select/notice-of-limited-services-available-in-the-united-states" },
    { id: "S8", url: "https://bridge.ripio.com/" },
  ]}
/>


Stablecoins

Ripio operates a crypto exchange and payments platform, issuing local-currency stablecoins (USDR, wBRL, wMXN, wARS) and generating revenue through trading fees and B2B payment rails.

Ripio is a Latin American fintech platform providing lending, trading, and blockchain payment services to over 100,000 users across the region.

Ripio was founded in 2013 by Sebastian Serrano in Buenos Aires, serving 3M+ users across Latin America and Spain.

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Ripio

Chilean Peso (WCLP) is a Chilean Peso stablecoin issued by Ripio.

Reserves are held in bank deposits, attested by SLD y Asociados S.A.

Retail investors can mint and redeem directly with Ripio in CLP after completing KYC, and holders have a contractual right to redeem at par.

WCLP has been issued on public blockchains since December 2025 and is native to 7 networks, including World Chain, Ethereum, BNB Chain, Base, Gnosis, and Polygon.

Chilean PesoWCLP

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