A rupiah you can
hold on-chain.
Nusantara (NIDR) brings the stability of the Indonesian rupiah to the speed and openness of public blockchains. Every token is redeemable, one-to-one, for the rupiah that backs it.
Mint, redeem,
peg holds.
Rupiah enters reserves
You deposit Indonesian rupiah through a regulated banking partner. The funds are placed into segregated, audited reserve accounts — never commingled with operating capital.
NIDR is issued 1:1
For every rupiah received, exactly one NIDR is minted on Polygon and delivered to your self-custodial wallet. Supply can never exceed reserves.
Burn to withdraw
Send NIDR back to redeem at any time. The tokens are burned on-chain and the matching rupiah is released from reserves back to your bank account.
Built by
believers.
Yog Shrusti
Founder
Chirag Patel
CEO
Elvis Su
Co-Founder
Sim Khela
Co-Founder
Emile van Miert
Co-Founder
Malcolm Clingham
Co-Founder
Mohammed Sabdo
Co-Founder
Basuri Tjahaja Purnama
Co-Founder
Fery Mursandi
Compliance Officer
Sendy K Yapardi
CRO
Ivas Dewantara
Project ManagerStability is
engineered.
1:1 backing, always
Circulating NIDR is fully collateralized by rupiah cash and cash-equivalents. The reserve ratio is designed to stay at or above 100%.
Regulated custody
Reserves are held with Tier-1 banking and custody partners under segregated accounts, subject to banking-grade controls.
Independent attestation
A third-party firm publishes regular attestations confirming reserves match circulating supply, available on the transparency dashboard.