We are delighted to announce that IDRT is now available on Wavy.
WAVY (a product of LINK) is a decentralized P2P protocol for stablecoins, powered by smart contracts with built in lightning on and off-ramps.
Through this partnership, Rupiah Token demonstrates its commitment to strengthening its position as the first stablecoin in Indonesia, bringing a positive impact to the development of the blockchain industry in Indonesia and even around the world.
About Rupiah Token
Rupiah Token (IDRT) is a stablecoin that is backed 1:1 by fiat Indonesian Rupiah. IDRT is available on multiple blockchains namely Ethereum (ERC-20), BNB Smart Chain (BEP-20) and Polygon Network. We are the first and most adopted Rupiah stablecoin in Indonesia. The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to the fiat Indonesian Rupiah at any time via the mobile wallet app (https://pintu.co.id). We can always guarantee that the Rupiah Token is backed by fiat Indonesian Rupiah in our bank account and we are regularly audited by an independent auditor to prove such collateralization.