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Indonesian Rupiah
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Nikkei Asia: Indonesia's disregard for technocrats erodes confidence and weakens rupiah
Nikkei Asia: Indonesia's disregard for technocrats erodes confidence and weakens rupiah
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Indonesian government bonds draw highest foreign inflows since 2019 on rupiah gains and steady rate expectations
The inflows were supported by a stronger rupiah and expectations that the central bank will maintain interest rates after a 100-basis-point increase this year.
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BIDR Coin: Positioning, Market Status, and Future Outlook of the Indonesian Rupiah Stablecoin
BIDR (Binance IDR) is a stablecoin jointly supported by Binance and the Indonesian exchange Tokocrypto, pegged to the Indonesian Rupiah (IDR) at a 1:1 ratio. Launched in 2020, the coin is issued on the Binance Chain (BEP2/BEP20) and is primarily used to provide fast, low-cost digital assets transfers, and to integrate into Tokocrypto's ecosystem, Tokoverse. Although it aims to maintain value stability as a stablecoin, as of the time of writing, its market activity is low, with limited trading volume and market capitalization data.
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XIDR Stablecoin: Indonesian Rupiah-Pegged Digital Asset Purchase, Trading, and Support Platform
XIDR is an Indonesian Rupiah stablecoin issued by StraitsX, designed to be pegged 1:1 to the Indonesian Rupiah, and operates on the Ethereum and Zilliqa blockchains. It is primarily used for value storage, trading, lending, and DeFi liquidity provision in the digital assets market. Users can directly mint and redeem XIDR through the StraitsX platform, or trade it on supporting DEXs. Given its nature as a stablecoin, XIDR's value primarily lies in its payment and settlement functions.
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Nikkei Asia: Indonesia's disregard for technocrats erodes confidence and weakens rupiah
Nikkei Asia: Indonesia's disregard for technocrats erodes confidence and weakens rupiah
-
Indonesian government bonds draw highest foreign inflows since 2019 on rupiah gains and steady rate expectations
The inflows were supported by a stronger rupiah and expectations that the central bank will maintain interest rates after a 100-basis-point increase this year.
-
BIDR Coin: Positioning, Market Status, and Future Outlook of the Indonesian Rupiah Stablecoin
BIDR (Binance IDR) is a stablecoin jointly supported by Binance and the Indonesian exchange Tokocrypto, pegged to the Indonesian Rupiah (IDR) at a 1:1 ratio. Launched in 2020, the coin is issued on the Binance Chain (BEP2/BEP20) and is primarily used to provide fast, low-cost digital assets transfers, and to integrate into Tokocrypto's ecosystem, Tokoverse. Although it aims to maintain value stability as a stablecoin, as of the time of writing, its market activity is low, with limited trading volume and market capitalization data.
-
XIDR Stablecoin: Indonesian Rupiah-Pegged Digital Asset Purchase, Trading, and Support Platform
XIDR is an Indonesian Rupiah stablecoin issued by StraitsX, designed to be pegged 1:1 to the Indonesian Rupiah, and operates on the Ethereum and Zilliqa blockchains. It is primarily used for value storage, trading, lending, and DeFi liquidity provision in the digital assets market. Users can directly mint and redeem XIDR through the StraitsX platform, or trade it on supporting DEXs. Given its nature as a stablecoin, XIDR's value primarily lies in its payment and settlement functions.
Indonesian Rupiah
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