The agent economy is being built almost entirely on the US Dollar
But most of the world earns, budgets & pays in something else
That's why Celo's native x402 facilitator now settles agent payments in @RipioHQ's $wARS, $wBRL & $wCOP, with no FX friction
One of the use cases we are the most bullish on is being able to borrow our wFiat stables. In emerging markets, people save in dollars and should be able to use USDC/USDT as collateral in DeFi
Breaking: Ripio + Celo just made agentic payments smarter!
Celo's x402 facilitator now supports wARS, wBRL, and wCOP for agentic payments. No conversion, no FX risk, no friction.
Agents in Argentina, Brazil, and Colombia can now transact in their native currencies.
NEWS: Celo's native x402 facilitator now supports @RipioHQ wFIAT stablecoins, making Celo the first chain to support local currency agentic payments
Ripio's $wARS, $wBRL & $wCOP fiat-backed stablecoins can power agentic commerce without FX conversion
Proud to be a launch partner of @arc.
Today’s demo: $wBRL → $wARS on Uniswap. Brazil → Argentina FX onchain, near-instant settlement.
Local money on the rails from day one.
And for wARS holders, yield is already live end-to-end: KPK wARS Yield, the curated Morpho Vault run by @kpk_io, is now live on both Ethereum and Arc. Issuance → on-chain FX → yield, all in one place, from day one.
https://t.co/qsXRXdONkN
We are super excited to launch wFIAT stablecoins on Arc from day one as a public mainnet. Starting today, the full wFIAT suite — wARS, wBRL, wCLP, wCOP, wMXN, wPEN — is live on Arc. Six Latin American currencies, one network.
This isn't a phased rollout. All six wFIAT currencies are deployed, collateralized, and tradable on Arc from the moment the network opened — with Uniswap liquidity live since day one.
Buen resumen, Paul 🙌
Todo lo que se podía hacer con dólares onchain ahora se puede hacer con pesos: prestar, pedir prestado, obtener rendimiento. Sin conversión de por medio.
Mercados en @MorphoLabs, curados por @kpk_io, con precios de @chainlink NCFX USD/ARS.
wARS, el peso tokenizado de Ripio, tiene vault en @Morpho, con @RipioApp y @RipioHQ.
Se gana rendimiento en un vault con riesgo limitado y reequilibrio automático.
Great week for local currency onchain, and a great team to build it with.
Six of the new listings are wFIAT: the Argentine peso, Brazilian real, Mexican peso, Colombian peso, Chilean peso and Peruvian sol. Each one backed 1:1 by reserves in its corresponding currency, attested by local auditors.
@Celo has been making the case for local currencies since 2022. We're glad to help make that case bigger. @Marek_
https://t.co/S3nn3avTTC
Last week @Marek_ joined @SophiaDew on @MTSLive, covering the GENIUS Act, enterprise stablecoin adoption, the agentic economy & more
One highlight: 8 fiat-backed stablecoins launched on Celo in 8 days w/ @USAT, @RipioApp & @cNGN