BIDR token
Overview
BIDR is a stablecoin pegged to the Indonesian Rupiah, issued as BEP-2 and BEP-20 tokens on Binance Chain and Binance Smart Chain. It is backed by fiat reserves and used for trading, payments, and remittances within the Binance ecosystem.
Within the DeFi Intel graph, BIDR connects to 4 tracked entities, most strongly to Binance, BSC, IDR Cash Deposits.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Binance | 95% |
deployed_on | BSC | 90% |
backed_by | IDR Cash Deposits | 90% |
deployed_on | BNB Chain | 85% |
Frequently asked questions
What is BIDR?
BIDR is a stablecoin pegged to the Indonesian Rupiah, issued as BEP-2 and BEP-20 tokens on Binance Chain and Binance Smart Chain.
What backs BIDR?
BIDR is backed by fiat reserves, specifically IDR Cash Deposits.
What chains is BIDR deployed on?
BIDR is deployed on BSC (Binance Smart Chain) and BNB Chain.