Description
XIDR, a stablecoin launched by StraitsX in 2021, is pegged to the Indonesian Rupiah (IDR) and operates on the Ethereum platform. It is designed to enhance digital financial services in Southeast Asia by offering stability, transparency, and efficient blockchain-based transactions. Users can seamlessly convert IDR to XIDR on the StraitsX platform and utilize it for remittances, digital payments, and DeFi applications. Complemented by XSGD and XUSD, XIDR promotes the adoption of digital currencies in daily transactions. Despite its total supply of over 113 billion tokens, there is currently no circulation, and its price fluctuates minimally. Traded on 19 active markets, it experiences daily trading volumes between approximately $38,947 and $54,920. StraitsX ensures regulatory compliance, notably under the Monetary Authority of Singapore for its suite of stablecoins, further strengthening financial inclusion across global markets.
XIDR, a stablecoin launched by StraitsX in 2021, is pegged to the Indonesian Rupiah (IDR) and operates on the Ethereum platform. It is designed to enhance digital financial services in Southeast Asia by offering stability, transparency, and efficient blockchain-based transactions. Users can seamlessly convert IDR to XIDR on the StraitsX platform and utilize it for remittances, digital payments, and DeFi applications. Complemented by XSGD and XUSD, XIDR promotes the adoption of digital currencies in daily transactions. Despite its total supply of over 113 billion tokens, there is currently no circulation, and its price fluctuates minimally. Traded on 19 active markets, it experiences daily trading volumes between approximately $38,947 and $54,920. StraitsX ensures regulatory compliance, notably under the Monetary Authority of Singapore for its suite of stablecoins, further strengthening financial inclusion across global markets.
