Celo: IDRX Rupiah Stablecoin Launches on Network
Celo adds IDRX, the regulated Indonesian Rupiah stablecoin backed 1:1 by reserves, to power remittances and onchain FX with Textileprotocol on its stablecoin payments network.
SourceAnalysis
Celo has integrated IDRX, the regulated fiat-backed Indonesian Rupiah stablecoin now live on the network for stablecoin payments. Backed 1:1 by Rupiah reserves and bonds, IDRX will power remittances and payments with Textileprotocol onchain FX from day one.
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