Coming Soon: TIDR, the Non-Backed Pegged Stable Coin to Indonesia Rupiah
We are excited to announce the upcoming launch of TIDR, a non-backed pegged stable coin to Indonesia Rupiah. TIDR will be fully pegged to the Indonesian Rupiah and will be used as a medium of exchange on our platform.
One of the main use cases for TIDR will be as a stable coin for trading on our decentralized exchange (DEX). TIDR will be paired with ABRAR, our platform’s native token, and will provide a stable option for trading against the volatility of other cryptocurrencies.
In addition, TIDR will also be used as a medium of exchange on our digital payment platform. This will enable merchants and consumers to conduct transactions in a stable currency, reducing the impact of market fluctuations on their businesses and purchases.
TIDR will be issued and minted on a smart contract on Ethereum, and the supply will be adjusted to maintain the peg to the rupiah. The token will be transparent and auditable for the holders.
We understand that trust and stability are crucial for the adoption and success of any currency, and we are committed to maintaining the peg and transparency for TIDR.
Stay tuned for more information about the launch date and how to participate in TIDR, and join us in building a stable and transparent economy in Indonesia