Sending money in and out of nigeria used to mean a guy, a chat, a haggle, and a prayer.
now it's one route: naira → cNGN → USDT. record rates, ramp fees capped at ₦1,000.
open to anyone, starting today 🧵
wARS and wBRL are just the first two.
@RipioApp's wFIAT brings latin america on-chain:
the peso, the real, the mexican peso, colombian peso, chilean peso, and the sol.
but the goal is every currency, trading against every other.
it's time for FX to be programmable.
Textile, @RipioApp, and @Celo collaborate to create the cheapest way to move between the Argentinian peso and the Brazilian real.
wARS and wBRL, part of Ripio's wFIAT stack, are now live on Celo and trading on Textile at record rates. settled in seconds, on-chain.
and soon, all