XIDR is the fully collateralised Indonesian Rupiah stablecoin, powered by open-source blockchain protocols. XIDR aims to be the most cost-effective IDR-backed stablecoin, where minting and redemption of XIDR with IDR is available via the StraitsX platform for free, and where outbound on-chain transaction fees are capped.
# Which blockchains support XIDR?
XIDR tokens are available on two distinct blockchain protocols.
XIDR (ERC-20) tokens are available on the Ethereum blockchain and can be stored with any ERC-20 compatible wallet.
XIDR (ZRC-2) tokens run on the Zilliqa blockchain as ZRC-2 tokens and can be stored with any ZRC-2 compatible wallet.
# Who issues XIDR?
XSGD is issued by PT Xfers StraitsX Indonesia, an Indonesian subsidiary of Fazz Financial Group Pte Ltd, Singapore.
# How can I use XIDR?
Use XIDR as a stable store of value and unit of account denominated in Indonesian Rupiah (IDR) in digital assets markets.
**Send Indonesian Rupiah on the Blockchain**
Make near-instant, low cost transfers of XIDR globally, 24/7 in a trusted and secure manner without the need for a 3rd party clearing agent.
**Interoperable across Digital Asset Markets**
Transfer, spend and receive XIDR with StraitsX partners across multiple blockchains and a wide range of supported applications.
**Supported by DeFi Protocols**
Leverage XIDR in Decentralised Finance applications or “DeFi”. Swap or provide liquidity with XIDR to take part in the future of finance.
# Where can I get XIDR?
Individuals can mint and redeem XIDR on the StraitsX platform and spend XIDR with StraitsX partners. For a full list of supported platforms and applications, visit straitsx.com.