IDRT Joins The Stablecoin Standard

Rupiah Token (IDRT) is honored to be part of the Stablecoin Standard, the industry body for stablecoin issuers globally. This strategic alliance marks a new chapter in IDRT’s journey, aligning with our commitment to innovation, transparency, and the advancement of the stablecoin ecosystem.

About Stablecoin Standard

Started in 2022, Stablecoin Standard has rapidly become the best practice group by 4 established non-dollar stablecoin issuers. With 17 diverse currencies from 17 distinct issuers, Stablecoin Standard shares best practices, business development use cases, industry led working groups, define what a high quality liquid stablecoin should look like, and engage with policymakers nationally and internationally.

About Rupiah Token

Established in January 2019, PT Rupiah Token Indonesia is a venture-capital backed startup based in Jakarta, Indonesia. As a leading Blockchain technology company, our mission is to boost the acceptance of Indonesian Rupiah worldwide and accelerate the transition to a more inclusive and open financial system. We are the creator and issuer of Rupiah Token (IDRT), the first stablecoin that is backed 1:1 by Indonesian Rupiah. IDRT is now supported in various cryptocurrency exchanges (such as DDEX, Uniswap, and Binance DEX) and wallets (Trust Wallet, Ledger Nano S, etc).

Why Stablecoin Standard Needed

For Progress: By joining the Stablecoin Standard, we are bringing a nascent and fragmented industry together.
For Education: Together with Stablecoin Strandard, we can combine resources to educate the world about the benefits of stablecoins.
For Use Cases: Collaboration within the Stablecoin Standard accelerates the development of new use cases for stablecoins.
For Objective & Informed Decision Making: We bring depth of diversity to stablecoin representation for policymakers looking for global perspectives when considering regulation.
For Transparency: 2024 will see the development of StableCheck to help users identify quality stablecoins.