---
title: "Rupiah Token (IDRT) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/idrt-rupiah-token/"
description: "Build-time stablecoin profile for Rupiah Token (IDRT). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Rupiah Token (IDRT)

**Peg:** Indonesian Rupiah

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

100% IDR-deposit-backed rupiah stablecoin across four chains; no published proof of reserves, gray-area regulation. Rupiah Token's IDRT is backed 100% by Indonesian rupiah bank deposits held by PT Rupiah Token Indonesia, deployed natively across four chains — making it one of the more broadly distributed local-currency stablecoins despite operating with institutional-unregulated custody and no published proof of reserves. Indonesia's crypto market is among the largest in Southeast Asia, giving IDRT a genuine addressable market for IDR-denominated on-chain transactions and remittances, though the absence of specific regulatory licensing and independent reserve attestation limits the product to users who trust the issuer directly. The domestic regulatory landscape for stablecoins in Indonesia remains in development, meaning IDRT operates in a gray area where compliance is self-defined rather than externally enforced. For a country with genuine demand for affordable digital payment rails, IDRT's existence is more practical than innovative. The trust gap is concrete: no third-party {{term:attestation}}attestation{{/term}}, opaque {{term:custody}}custody{{/term}}, and a {{term:redemption}}redemption{{/term}} path that depends entirely on PT Rupiah Token honoring direct fiat exits.

## Collateral

Indonesian rupiah bank deposits held 1:1 by PT Rupiah Token Indonesia; issuer materials describe full fiat backing with regular bank reporting

## Peg Mechanism

Direct 1:1 issuance and redemption through PT Rupiah Token Indonesia after KYC; the issuer publishes bank-reporting and smart-contract audit materials

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Indonesia | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x998ffe1e43facffb941dc337dd0468d52ba5b48a` | 2 |
| bsc | `0x66207e39bb77e6b99aab56795c7c340c08520d83` | 2 |
| harmony | `0xcefbea899cfccdc653b171d063481b622086be3f` | 2 |
| polygon | `0x554cd6bdd03214b10aafa3e0d4d42de0c5d2937b` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/idrt-rupiah-token.