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Record sog_st_xidr

XIDRStraitsX Indonesian Rupiah

Also recorded as XIDR, StraitsX XIDR, StraitsX Indonesian Rupiah

Active
Lifecycle
Active
Issuance
Open
Reference target
Unknown reference target
Primary organization
PT Xfers StraitsX IndonesiaNo additional recorded relationship
Launch
2021-11-18
Redemption
Eligible Customers Only
Backing
Fiat and cash equivalents
Stabilization
Issuer redemption
Last review
2026-07-09
Evidence
4 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

Active Indonesian-rupiah stablecoin issued by StraitsX. The current product page lists exact Ethereum, Polygon, and Zilliqa identifiers, while StraitsX documentation describes one-for-one IDR backing and platform conversion for verified users.

NameStraitsX Indonesian Rupiah
SymbolXIDR
AliasesXIDR, StraitsX XIDR, StraitsX Indonesian Rupiah
Asset classStablecoin
Lifecycle statusActive
Issuance statusOpen
Canonical record IDsog_st_xidr
Route slugstraitsx-xidr
Record confidenceHigh
Last reviewed2026-07-09
Name
StraitsX Indonesian Rupiah
Symbol
XIDR
Aliases
XIDR, StraitsX XIDR, StraitsX Indonesian Rupiah
Asset class
Stablecoin
Lifecycle status
Active
Issuance status
Open
Canonical record ID
sog_st_xidr
Route slug
straitsx-xidr
Record confidence
High
Last reviewed
2026-07-09
Record coverage
SectionEntries
Organizations1
Sources4
Reserve reports1
Reserve components1
Model-history events0
Regulatory notes0
Deployments3
Issuer-control actions0
Open questions2
Events1
Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance
Centralized
Primary display organization
PT Xfers StraitsX Indonesia
Primary display role
Legal issuer
Display selection mode
Deterministic Policy
Current relationships
1
Ended relationships
0
Unknown relationship state
0
Freeze capability
0 recorded yes · 0 recorded no · 3 not recorded
Blacklist capability
0 recorded yes · 0 recorded no · 3 not recorded
Deployment control-event references
0
Observed issuer-control events
0
Relationship coverage
1 recorded relationship
All current, ended, and unknown-state organization relationships
OrganizationOrganization categoryRegulatory characterJurisdictionRoleDisplay priorityFromUntilRelationship status
PT Xfers StraitsX IndonesiaUnknown or not yet classifiedUnknown or unresolvedIndonesiaLegal issuerPrimary display2021-11-18Not yet recordedActive relationship
Unknown or not yet classified

PT Xfers StraitsX Indonesia

Primary display
Functional role
Legal issuer
Relationship status
Active relationship
Regulatory character
Unknown or unresolved
Jurisdiction
Indonesia
From
2021-11-18
Until
Not recorded

Mechanism

How the asset works

Reference, backing, stabilization, exit, valuation, and yield remain separate facts.
Reference target
Unknown reference target
Reference kind
Fiat
Comparison category
Unknown reference category
Target value
1
Reference methodology
XIDR targets 1:1 value against Indonesian Rupiah.
Public backing model
Fiat and cash equivalents
Canonical backing types
Cash
Reserve component categories
Cash
Primary stabilization mechanism
Issuer redemption
Recorded model description
Fiat Reserve Backed
Redemption / exit model
Eligible Customers Only
Valuation source
Public information is incomplete
Yield / rebase profile
None recorded
Classification notes
Active Indonesian-rupiah stablecoin with current StraitsX product access, one-for-one backing and conversion documentation, and exact current multi-network identifiers.

Reserve and redemption

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

  • Indonesian Rupiah cash reserves held with a regulated financial institution in IndonesiaCash · 100% · StraitsX states that XIDR reserves are entirely cash-backed; no named XIDR-specific custodian is inferred here.
Reserve profile
Disclosure statusIssuer 1to1 Cash Backing and Independent Assurance Program
Backing typesCash
SummaryStraitsX describes XIDR as 100% backed by Indonesian Rupiah cash reserves held at a regulated financial institution in Indonesia, with one-for-one convertibility and group-level safeguarding and assurance controls.
As of2026-07-09
Profile confidenceHigh
Disclosure status
Issuer 1to1 Cash Backing and Independent Assurance Program
Backing types
Cash
Summary
StraitsX describes XIDR as 100% backed by Indonesian Rupiah cash reserves held at a regulated financial institution in Indonesia, with one-for-one convertibility and group-level safeguarding and assurance controls.
As of
2026-07-09
Profile confidence
High
Redemption profile
Current statusEligible Customers Only
Settlement assetIDR
Eligible partiesVerified StraitsX users subject to account onboarding, compliance controls, and jurisdictional availability.
Retail accessVerified Platform Users
Institutional accessBusiness Platform Access Subject to Onboarding
Minimum amountPlatform terms apply; no universal minimum is asserted here.
FeePlatform and network terms apply.
Settlement timeStraitsX documentation describes one-for-one platform conversion; exact current settlement SLA is not asserted here.
Regional limitsAccount verification and StraitsX compliance eligibility apply., Product availability may depend on jurisdiction and account type.
Current status
Eligible Customers Only
Settlement asset
IDR
Eligible parties
Verified StraitsX users subject to account onboarding, compliance controls, and jurisdictional availability.
Retail access
Verified Platform Users
Institutional access
Business Platform Access Subject to Onboarding
Minimum amount
Platform terms apply; no universal minimum is asserted here.
Fee
Platform and network terms apply.
Settlement time
StraitsX documentation describes one-for-one platform conversion; exact current settlement SLA is not asserted here.
Regional limits
Account verification and StraitsX compliance eligibility apply., Product availability may depend on jurisdiction and account type.
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
Not yet recordedStraitsXIssuer Cash Backing and Assurance ContextCashHigh

StraitsX

Not yet recorded
Type
Issuer Cash Backing and Assurance Context
Assets covered
Cash
Record confidence
High

Evidence

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.
4 source identities · 4 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
XIDR | Indonesian Rupiah Stablecoin by StraitsX
Published Not yet recorded
StraitsXOfficial documentation or product page
Canonical: Official Product Page
Subject-controlled sourcePrimary sourceIdentity, Current Product, Contract Address, Network, Current Xidr Identity Access and Exact Multinetwork IdentifiersArchive index or wildcardHigh
Introducing StraitsX Indonesian Rupiah (XIDR)
Published 2021-11-18
StraitsXOfficial statement or announcement
Canonical: Official Launch Announcement
Subject-controlled sourcePrimary sourceLaunch, Issuer, Backing, Redemption, Distribution, Xidr Launch Issuer Cash Backing and Verified User Acquisition FlowArchive index or wildcardHigh
Understanding XSGD/XIDR Stability: Why 100% Cash Backing Is The Best Price Stability Mechanism for Stablecoins
Published 2022-05-24
StraitsXOfficial statement or announcement
Canonical: Official Blog
Subject-controlled sourcePrimary sourceBacking, Reserve, Redemption, Assurance Program, Xidr 100 Percent Cash Backing One to One Redemption and Assurance ContextArchive index or wildcardHigh
StraitsX Trust & Security
Published Not yet recorded
StraitsXOfficial documentation or product page
Canonical: Official Website
Subject-controlled sourcePrimary sourceRegulatory Status, Safeguarding, Reserve, Assurance, Current Group Regulatory Licenses Safeguarding and Assurance FrameworkArchive index or wildcardHigh

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.
Open questions
TopicWhat remains unclearValue statePriorityLast checked
Reserve ReportingStraitsX documents 100% cash backing and a broader independent assurance framework, but the reviewed source set does not establish the latest XIDR-specific attestation report date.Unknown after reviewMedium2026-07-09
Redemption TermsCurrent product access and historical one-for-one platform redemption are documented, but exact current minimum, fee schedule, and settlement SLA for XIDR redemption are not established in the reviewed source set.Unknown after reviewMedium2026-07-09

Reserve Reporting

StraitsX documents 100% cash backing and a broader independent assurance framework, but the reviewed source set does not establish the latest XIDR-specific attestation report date.

Value state
Unknown after review
Priority
Medium
Last checked
2026-07-09

Redemption Terms

Current product access and historical one-for-one platform redemption are documented, but exact current minimum, fee schedule, and settlement SLA for XIDR redemption are not established in the reviewed source set.

Value state
Unknown after review
Priority
Medium
Last checked
2026-07-09

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

No separate model-change event is currently recorded.

Event timeline
DateEventCategorySubtypeStatus effectRecovery
2021-11-18StraitsX launches XIDRLaunch and introductionLaunchRemained activeNot applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.