Ripio CEO Sebastián Serrano acknowledged a configuration error after users reported the $wARS token trading below its 1-peso peg, with in-app conversions showing 0.95 pesos per token. The Argentine crypto platform's stablecoin briefly lost parity before the issue was identified. Serrano cited a technical misconfiguration as the cause of the depeg. Following the acknowledgment, one user confirmed that $wARS had returned to its 1-peso parity.