IDRX Stablecoin
462 posts
@idrx_co
Indonesia Rupiah stablecoin 🇮🇩 | Registered at @cfx_id
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🚨 BREAKING: Indonesia Elevates Stablecoin and Digital Financial Assets to Statutory Recognition Under the P2SK Law 🇮🇩 Indonesia has officially recognized and regulated digital financial assets under the Financial Sector Development and Strengthening Law (P2SK), placing them at the highest level of legal authority. The law grants the Financial Services Authority (OJK) expanded powers to regulate and supervise issuers of digital financial assets including stablecoin as well as digital financial asset, which are now recognized as financial institutions under Indonesia’s regulatory framework. This marks a major milestone for the Indonesia’s digital financial asset ecosystem and provides a stronger legal foundation for innovation, investor protection, and market development.
New content series incoming: breaking down the most underrated projects in the @Solana ecosystem. Drop the ones you think deserve more attention 👇🧐
Indonesia is one of Asia’s most important payment corridors but cross-border settlement into IDR remains fragmented, expensive, and heavily dependent on intermediary FX layers. Ratio is partnering with @idrx_co to power blockchain-based settlement and remittance infrastructure connecting Indonesia with the rest of Asia. By integrating the IDRX Rupiah stablecoin into Ratio’s orchestration network, businesses and payment providers can access faster, more efficient, and programmable IDR settlement for: → Cross-border payments → Treasury operations → Regional remittances → On-chain liquidity flows As digital finance evolves beyond USD-only settlement, local currency stablecoins will play a critical role in enabling regional commerce. This partnership is a step toward making Indonesian Rupiah interoperable with Asia’s emerging on-chain financial infrastructure. More to come.
Indonesia is one of Asia’s most important payment corridors but cross-border settlement into IDR remains fragmented, expensive, and heavily dependent on intermediary FX layers. Ratio is partnering with @idrx_co to power blockchain-based settlement and remittance infrastructure connecting Indonesia with the rest of Asia. By integrating the IDRX Rupiah stablecoin into Ratio’s orchestration network, businesses and payment providers can access faster, more efficient, and programmable IDR settlement for: → Cross-border payments → Treasury operations → Regional remittances → On-chain liquidity flows As digital finance evolves beyond USD-only settlement, local currency stablecoins will play a critical role in enabling regional commerce. This partnership is a step toward making Indonesian Rupiah interoperable with Asia’s emerging on-chain financial infrastructure. More to come.
Indonesia is one of Asia’s most important payment corridors but cross-border settlement into IDR remains fragmented, expensive, and heavily dependent on intermediary FX layers. Ratio is partnering with @idrx_co to power blockchain-based settlement and remittance infrastructure connecting Indonesia with the rest of Asia. By integrating the IDRX Rupiah stablecoin into Ratio’s orchestration network, businesses and payment providers can access faster, more efficient, and programmable IDR settlement for: → Cross-border payments → Treasury operations → Regional remittances → On-chain liquidity flows As digital finance evolves beyond USD-only settlement, local currency stablecoins will play a critical role in enabling regional commerce. This partnership is a step toward making Indonesian Rupiah interoperable with Asia’s emerging on-chain financial infrastructure. More to come.
