What Rupiah Token is designed to do
Rupiah Token (IDRT) is a fiat-backed stablecoin, currently ranked 542nd by market capitalization among the assets we track. Rupiah Token is a tokenized claim on reserves held by its issuer. The design goal is a stable peg, which makes the relevant questions about Rupiah Token reserve quality and redemption, not upside.
Rupiah Token (IDRT) is a stablecoin that is pegged to the Indonesian Rupiah, designed to facilitate digital transactions in the Indonesian market. It aims to enhance the usability of cryptocurrencies by providing a stable digital alternative for users in Indonesia.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Stablecoin, and Polygon (MATIC) Token.
Where Rupiah Token sits in the market
Trading around $0.00005621, Rupiah Token carries a market capitalization of $32.63M. Around $34.60 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Rupiah Token carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. IDRT remains -90% beneath its all-time high of $0.00058401, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, IDRT shows 24-hour +1.16%, 7-day +0.41%.
Volatility profile
Recent action puts Rupiah Token in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like Rupiah Token
A grounded read on IDRT comes down to three questions:
- Reserve quality — what backs IDRT — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.