Introduction Ripio, once a pure retail platform, has reoriented itself into a B2B infrastructure provider for Latin America’s crypto ecosystem. It has launched its own dollar stablecoin and a family of local currency stablecoins, along with tokenized debt assets, aiming to integrate more of the local economy on-chain. CEO Sebastián Serrano expects 2026 to be a sideways year for crypto, but believes stablecoins could drive a decade of growth across the region. Key Takeaways Ripio pivots from consumer trading to B2B infrastructure, serving banks, fintechs, and large platforms such as Mercado Libre. The firm issues its own dollar stablecoin Criptodólar (UXD) and a lineup of local fiat-backed stablecoins, including wARS, wBRL and wMXN, plus a tokenized AL30 bond. Tokenizing local assets is framed as a pathway to reduce FX risk and bring more of the real economy on-chain, from debt to real estate. The long-term thesis centers on a decade of stablecoins as local economies adopt on-chain rail...