--- title: IDXM – IDR Pegged Stablecoin description: "## ![](https://education.hootdex.com/wp-content/uploads/2026/05/IDXM_2026_2_500-150x150.png) #### **IDR Pegged Stablecoin - Symbol : IDXM** ###### The IDXM token is a stablecoin that is pegged to the pricing of the Indonesian Rupiah in US Dollars. It is designed to maintain a stable value, giving holders…" url: "https://education.hootdex.com/docs/idxm-token/" updated: "2026-09-13" category: All Listings --- # IDXM – IDR Pegged Stablecoin ## ![](https://education.hootdex.com/wp-content/uploads/2026/05/IDXM_2026_2_500-150x150.png) #### **IDR Pegged Stablecoin - Symbol : IDXM** ###### The IDXM token is a stablecoin that is pegged to the pricing of the Indonesian Rupiah in US Dollars. It is designed to maintain a stable value, giving holders a simple and efficient way to offset volatility and protect value. The token is collateralized by a multi‑asset digital asset treasury and engineered for institutional trading, providing exposure to a Indonesian Rupiah in US Dollars benchmark through a single, efficient, utility‑driven and portable digital asset instrument. ###### XMG Fintech is the primary issuer; however, authorized financial institutions may mint their own issuer‑keyed versions of the token for direct use within their ecosystems. These institution‑specific tokens can be placed into a Digital Asset Treasury as reserves to issue a DCN, create a Venture Token, collateralize transactions, or support controlled cash‑in and cash‑out operations for their customers or approved partners. ###### Each issuer‑direct token is key‑marked with the institution’s identity and the specific parameters they define, such as cash‑in/cash‑out rules, approved counterparties and internal utilization policies, ensuring full transparency. Despite these issuer‑level customizations, the tokens remain fully fungible with the standard token. ###### All XMG Fintech issued tokens are ERC‑20 compliant, allowing them to be held, transferred and utilized across any ERC‑20 compatible wallet, platform or system that supports the standard. This ensures seamless interoperability between institutional environments and the broader digital‑asset ecosystem. ######   ##### [VIEW ALL TOKENS](https://www.hootdex.com/updates/all-tokens/) #### **LATEST CRYPTO & FINANCIAL NEWS** - [Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026](https://www.federalreserve.gov/newsevents/pressreleases/monetary20261013a.htm) Source: Federal Reserve Published on 2026-10-13 - [How the SEC’s lack of leadership could facilitate crypto rulemaking](https://cointelegraph.com/news/sec-leadership-facilitate-crypto-rulemaking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) Source: Crypto1 Published on 2026-10-13 - [Strive reports $208M in warrant exercises as Bitcoin holdings jump 11%](https://cointelegraph.com/news/strive-bitcoin-holdings-32773-btc-warrant-exercises?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) Source: Crypto1 Published on 2026-10-13 - [Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off](https://cointelegraph.com/markets/bitcoin-keeps-up-pressure-on-84k-as-us-stocks-sidestep-korea-tech-sell-off?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) Source: Crypto1 Published on 2026-10-13 - 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