IDRX Affirms Rupiah Stablecoin as Indonesia’s Answer to Digital Sovereignty

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Nathanael Christian, chief executive of IDRX / Photo credit: CCC 2026

Jakarta, 10 June 2026 — PT IDRX Indo Inovasi (IDRX), the issuer of Indonesia’s first and only Indonesian Rupiah-backed stablecoin, today delivered a landmark statement at the CFX Crypto Conference (CCC) 2026, held at Balai Kartini, Jakarta. Speaking before a high-level audience that included the Financial Services Authority (Otoritas Jasa Keuangan / OJK), members of the House of Representatives (DPR RI), senior business leaders, and industry stakeholders, IDRX’s CEO, Nathanael Christian, presented IDRX’s positioning as a cornerstone of Indonesia’s digital financial sovereignty strategy.

The appearance marks a significant moment in IDRX’s trajectory: from pioneering innovator in the domestic crypto ecosystem to a formally recognized participant in Indonesia’s regulated national digital financial infrastructure, operating under the exchange framework of PT Central Finansial X (CFX), Indonesia’s licensed national crypto bourse, regulated and supervised by OJK under POJK No. 27 of 2024.

Indonesia’s Answer to the Dollar Stablecoin Challenge

The global stablecoin market has reached a critical inflection point. According to the PwC Global Crypto Regulation Report 2026, of the more than USD 300 billion in stablecoins currently in circulation worldwide, 99% are pegged to the US Dollar. This structural reality poses a direct challenge to Indonesia and other emerging economies: the risk of becoming passive consumers of foreign-built digital financial infrastructure in a market they should be shaping themselves.

IDRX was built precisely to address this challenge. Pegged 1:1 to the Indonesian Rupiah (IDR) and fully backed by fiat reserves and government bonds, IDRX enables fast, low-cost, and transparent digital transactions denominated in Indonesia’s own national currency. It is independently audited by CertiK and available across multiple chains and exchanges, including Indodax, Pintu, MAKS, Uniswap, PancakeSwap, and also Coinbase & OKX through Aerodrome Finance.

“As the digital economy becomes increasingly borderless, nations must ensure that their financial infrastructure remains rooted in their own currency, institutions, and regulatory frameworks. IDRX was created to give Indonesia a sovereign digital financial asset that allows innovation to flourish while keeping value creation, liquidity, and trust anchored in Rupiah. Our role is not simply to issue a stablecoin, but to help ensure that Indonesia participates in the future of digital global economy as a builder, not merely a consumer.”
says Nathanael Christian, CEO, PT IDRX Indo Inovasi.

Entering Indonesia’s Regulated Digital Financial Architecture

IDRX’s collaboration with CFX represents more than a commercial partnership. CFX is the licensed national crypto bourse in Indonesia, the exchange infrastructure layer that sits alongside OJK, the national Clearing House (PT Kliring Komoditi Indonesia), and the Custodian (PT Kustodian Koin Indonesia). By operating within this framework, IDRX is now part of Indonesia’s formal, regulated digital asset market architecture, the same institutional fabric that upholds market integrity and consumer protection at the highest level.

This structural positioning is a direct reflection of Indonesia’s broader strategy of applying the principle of segregation of duties across its digital asset ecosystem, separating the roles of the exchange, clearing house, and custodian to build the highest standards of market trust and consumer safety. IDRX’s integration into this framework signals that Rupiah-denominated stablecoins are no longer a frontier concept, but an active, legitimate, and institutionally recognized component of Indonesia’s digital economy.

At CCC 2026, IDRX was cited in the conference’s Terms of Reference as a named innovator pioneering the adoption of Rupiah stablecoins within Indonesia’s regulated ecosystem, a recognition that places IDRX squarely at the intersection of fintech innovation and national economic policy.

A Regulated Ecosystem Built for Growth

The economic stakes are substantial. A study by LPEM UI on the contribution of the crypto sector to Indonesia’s economy, published in 2025, estimates that the accumulation of trading activity and innovation within Indonesia’s licensed ecosystem could generate transaction values of up to Rp 189.46–260.36 trillion, equivalent to a contribution of 0.86%–1.18% to national GDP, while potentially creating between 892,000 and 1.22 million new jobs.

For IDRX, the mission is clear: to keep domestic liquidity within Indonesia’s regulated ecosystem, attract high-quality foreign direct investment into the sector, and ensure that the innovation happening in Indonesian crypto is built by Indonesian talent, governed by Indonesian institutions, and denominated in Indonesian Rupiah.

Next: Asia Economic Summit 2026, 17 June 2026

The conversation will continue at a regional stage. Both IDRX and CFX will be present at the Asia Economic Summit (AES) 2026, taking place on 17 June 2026 at Fairmont Jakarta. The session, titled “Building Indonesia’s Digital Financial Infrastructure: The Case for Regulated Stablecoins” will bring IDRX and CFX to one of Southeast Asia’s most prominent economic policy forums, where they will present the case for regulated, Rupiah-backed stablecoins as a critical pillar of Indonesia’s digital financial architecture before a regional audience of government officials, investors, and business leaders.

The dual presence of IDRX and CFX at both CCC 2026 and AES 2026 reflects a deliberate effort to advance the case for Indonesia’s digital financial sovereignty not only at home, but across the broader regional economic dialogue.

About IDRX
PT IDRX Indo Inovasi is the issuer of IDRX, Indonesia’s first and only Indonesian Rupiah-backed stablecoin. Pegged 1:1 to the IDR, IDRX is fully backed by fiat reserves and government bonds, independently audited by CertiK, and designed for rapid global transactions with near-zero fees and 24/7 availability. IDRX is available on major centralized and decentralized exchanges including Indodax, Pintu, MAKS, Uniswap, PancakeSwap, and Aerodrome Finance, and is integrated across multiple blockchain networks. IDRX operates within Indonesia’s regulated digital asset market framework under the supervision of OJK. For more information, visit home.idrx.co.

About PT Central Finansial X (CFX)
PT Central Finansial X (CFX) is Indonesia’s licensed national crypto bourse, regulated and supervised by the Financial Services Authority (OJK) under Approval Confirmation Letter No. S-7/D.07/2025. As the national exchange infrastructure for digital financial assets in Indonesia, CFX operates in accordance with POJK No. 27 of 2024 and is committed to building a high-quality, integrity-driven crypto asset industry. CFX’s ecosystem includes the national Clearing House and Custodian, establishing the most robust consumer protection framework for digital assets in Indonesia. For more information, visit cfx.co.id.

For more information, contact:

Wildan Ramadhan, wildan@idrx.co

Website: home.idrx.co