Pages in question:
https://openliberty.io/docs/latest/reference/config/wsSecurityProvider.html
https://openliberty.io/docs/latest/reference/config/wsSecurityClient.html
You can see some defaults in the default column. However, if you search down the pages, you'll find phrases like "the default is", but that default is not present in the default column.
Also, does "Reversably encoded password" mean XOR? If the password is AES-256 encrypted, is it going to work?