Rupiah Token IDRT

What is Rupiah Token (IDRT)?

Rupiah Token (IDRT) is a crypto token issued by PT Rupiah Token Indonesia, an Indonesian-based crypto startup. It's a stablecoin pegged to the Indonesian Rupiah at a 1:1 ratio. This means that the Rupiah Token price manages to stay relatively stable as it's pegged to the price of the Indonesian Rupiah.

The Rupiah crypto token is built on the Ethereum blockchain as an ERC-20 token. Ethereum was chosen because of the speed, security, and transparency of the network.

Indonesian crypto traders that seek access to major global exchanges are the main holders of IDRT. Though everyday users that may want to hold their digital assets in IDRT can also hold Rupiah Tokens.

The main purpose of the IDRT crypto token is to allow crypto-asset trading using the Indonesian Rupiah. With IDRT, Indonesian crypto traders can exchange digital assets with better price stability. They also have a better option to convert their volatile digital assets to a more stable option, which is the IDRT crypto token.

Check out the Rupiah Token price chart above to see the current IDRT price.

Who Founded Rupiah Token?

The PT Rupiah Token Indonesia team is made-up of Jeth Soetoyo as the founder and CEO, Anthony Thio as the COO and CPO, and other talented and experienced people in the crypto and blockchain space. Before starting PT Rupiah Token Indonesia, Jeth worked at ConsenSys, a Brooklyn-based blockchain company.

IDRT Tokenomics

As with other stablecoins, there is no limit on the maximum supply of Rupiah coins. This is because the supply of Rupiah tokens is set by market forces. However, at the time of writing, there are over 130 billion IDRT tokens available as total supply.