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IDRX
IDRX is a regulated stablecoin pegged 1:1 to the Indonesian Rupiah (IDR), fully backed by fiat reserves and government bonds. It enables fast, low-cost, global digital transactions and 24/7 access to financial markets, serving individuals and businesses in the Web3 and DeFi ecosystem.
Jakarta, ID
Description
IDRX is an Indonesian Rupiah-backed stablecoin designed for rapid, global transactions and continuous access to financial markets. It is a regulated digital asset offering seamless conversions and redemption at a fixed rate for Indonesian Rupiah, with reserves securely held at transparent financial institutions and backed by regular audits from Certik. The platform emphasizes instant settlement, near-zero transaction costs, and open global access for anyone with an internet connection and a digital wallet. IDRX serves individual users, traders seeking a stable asset to manage market volatility, and businesses (via IDRX business accounts) engaging in Web3 financial integration, decentralized finance (DeFi) platforms, and merchant services that accept stablecoins. It is available across multiple blockchain networks and can be accessed through both centralized and decentralized exchanges, supporting users in many countries worldwide with certain regulatory exclusions.Grant Funding
VC Funding
None
2025
$0
$300K