IDRX PriceIDRX

What is IDRX (IDRX)?

IDRX is a regulated Indonesian Rupiah stablecoin pegged 1:1 to the Indonesian Rupiah (IDR). It is issued on Polygon and also has deployments on BNB Smart Chain, Etherlink and Solana, with trading pairs on Base and Kaia. It is designed for fast digital payments, Web3 access, and global transactions. IDRX is described by its issuer as a regulated rupiah stablecoin; redemption at par is offered through the issuer's platform, subject to its terms and eligibility requirements. IDRX is described by its issuer as fully backed by fiat reserves and government bonds held at regulated financial institutions; the composition of reserves should be verified against the issuer's published reserve reports. IDRX was launched in 2023 and operates as a blockchain-based token that maintains a 1:1 peg with IDR. For every IDRX issued, an equivalent amount of IDR is held in reserve. The project serves traders, merchants, and Web3 users who need a stable digital asset tied to the Indonesian Rupiah, enabling interaction with decentralized finance platforms and global payment networks.

Key Specifications & Tokenomics

• Name: IDRX
• Ticker / Symbol: IDRX
• CMC ID: 26732
• Blockchain / Network: Multi-chain (Polygon, BNB Smart Chain, Etherlink, Solana)
• Category: Regulated Indonesian Rupiah (IDR) stablecoin
• Launch Date: 2023-06-06 (CoinMarketCap listing date: 2023-06-07)
• Total Supply: 18,534,124,233 IDRX
• Circulating Supply: 18,534,124,233 IDRX (100% of total)
• Maximum Supply: Not capped in the official registry data; total and circulating supply both stand at 18,534,124,233 IDRX.
• Decimals: 18
• Holders: 400 (as of 2026-10-22)
• Total Transactions: 2401
• Contract Address (Polygon): 0x649a2DA7B28E0D54c13D5eFf95d3A660652742cC
• Contract Address (Solana): idrxZcP8xiKkYk6XGD4uz1dxEYCWSgKDHqgjsBbwDur
• Contract Address (Etherlink): 0x18Bc5bcC660cf2B9cE3cd51a404aFe1a0cBD3C22
• Official Website: https://idrx.co
• Whitepaper / Documentation: https://docs.idrx.co/

Who created IDRX?

IDRX was founded by Nathanael Christian, who serves as Chief Executive Officer and is based in Jakarta; he previously worked at Tokenomy as a Director (per public sources such as Crunchbase). The project is described as a regulated rupiah stablecoin initiative focused on strengthening Indonesia's digital financial asset infrastructure. The official communication channels emphasize the project's mission to tokenize Indonesian financial assets and use the Rupiah stablecoin as a settlement layer to open access for global investors. The team operates through official channels including a website, documentation portal, X account, and Instagram presence. For business inquiries and further questions, the project provides a contact email and customer support ticket system on the official website.

How does IDRX work?

IDRX operates as a stablecoin by maintaining a 1:1 peg with the Indonesian Rupiah (IDR). For every IDRX token issued, an equivalent amount of IDR is held in reserve. This mechanism allows users to transact with a stable digital asset. IDRX is described by its issuer as fully backed by fiat reserves and government bonds held at regulated financial institutions; the composition of reserves should be verified against the issuer's published reserve reports. The stablecoin is built on the Polygon network, enabling instant settlement with transactions processed in seconds and available globally, 24/7. Transfer costs depend on the network used and current network conditions; users should check gas fees on the relevant chain before transacting. Access is subject to the issuer's eligibility rules: IDRX is not available to users in restricted jurisdictions such as the USA, Iran and North Korea, and registration may require identity verification. According to public sources (CoinMarketCap), IDRX carries a CertiK rating of 3.5; readers should check the official site for the underlying audit report and its scope. Stablecoins carry de-peg, reserve-counterparty and regulatory risks; holding IDRX depends on the issuer's ability to honour redemptions at par.

What makes IDRX unique and valuable?

IDRX distinguishes itself through its regulated status and 1:1 backing by the Indonesian Rupiah. Unlike many stablecoins, IDRX is fully backed by fiat reserves and government bonds held at transparent financial institutions, with regular audits and a Certik audit completed. The stablecoin offers instant settlement with transactions processed in seconds, available globally around the clock. Near-zero cost transfers make it highly cost-effective for global transactions. The project provides open, global access, allowing anyone with an internet connection and a digital wallet to send and receive IDRX from anywhere. Transparency and audit documentation are comprehensive, including detailed reports on reserves and compliance. As a regulated digital asset, IDRX can be redeemed at a fixed rate for Indonesian Rupiah, providing a reliable bridge between cryptocurrency and traditional fiat currencies. The stablecoin enables seamless interaction with decentralized finance platforms and serves traders who need an IDR stablecoin to manage market volatility.

What is IDRX used for?

IDRX serves multiple purposes within the digital asset ecosystem. It enables Web3 financial integration, allowing seamless interaction with decentralized finance (DeFi) platforms. Traders use IDRX as a stable value pegged 1:1 with Indonesian Rupiah, ideal for managing market volatility. The stablecoin is usable across various Web3 financial platforms, decentralized exchanges, and merchant services that accept stablecoins. It enables global transactions with ease, acting as a reliable bridge between cryptocurrency and traditional fiat currencies. IDRX facilitates payments, trading, transfers, and Web3 financial activity. The token provides a stable digital asset for users, minimizing volatility while facilitating transactions and interactions within the Web3 ecosystem. It makes IDR value available on blockchain networks for payments and financial activities, serving both individual users and businesses seeking efficient digital transaction methods.

How Is the IDRX ecosystem developing?

IDRX is tracked by major market-data aggregators and trades on both centralized and decentralized venues; the official site's "Where to Get IDRX" section lists the supported platforms. IDRX trades on decentralized venues including Aerodrome and PancakeSwap on Base, Uniswap V3 on Polygon, PancakeSwap V3 on BNB Smart Chain, Orca on Solana and DragonSwap on Kaia. The project supports many countries worldwide, with restrictions in specific jurisdictions including the USA, Myanmar, Côte d'Ivoire, Cuba, Iran, the Syrian Arab Republic, Belarus, the Democratic Republic of the Congo, Iraq, Liberia, Sudan, Zimbabwe, and North Korea. The ecosystem includes business accounts and individual membership options, with registration processes that may include identity verification to comply with local regulations.

How are IDRX tokens issued?

IDRX is not mined or staked. New tokens are minted when the issuer receives equivalent IDR reserves and are burned on redemption, so supply expands and contracts with reserve flows.

How to keep your IDRX Coin safe?

Keeping IDRX safe requires following standard cryptocurrency security practices. Use a reputable digital wallet that supports Polygon-based tokens and ERC-20 compatible assets. Since IDRX operates on the Polygon network, ensure your wallet is compatible with this blockchain. Store the majority of your holdings in a hardware wallet for enhanced security against online threats. Enable two-factor authentication on all exchange accounts and wallet services. Never share your private keys or seed phrases with anyone. Verify transaction details before confirming any transfer. Use official channels, including the IDRX website and documentation, for accessing the token and staying informed about security updates. The project maintains transparency through regular audits by Certik and provides audit documentation on the official site. Be cautious of phishing attempts and only interact with verified platforms. For additional security, consider using a dedicated wallet for stablecoin holdings and regularly update your wallet software to the latest version.