INRT


INRT is the world's first, Indian RUPEE pegged (1:1) STABLE crypto token.

Also, backed with GOLD reserves.



Regulated & Managed In British VIRGIN ISLANDS



THE TOKEN THAT IS DISRUPTING THE FINANCIAL INDUSTRY FOR INDIAN INVESTORS, GLOBALLY.



100% BACKED & FULLY TRANSPARENT





All INR Tokens (INR₮) are pegged at 1-to-1 with a matching fiat currency i.e. Indian Rupee and are backed 100% by INRC’s gold & other reserves. We publish a daily record of the current total assets and reserves.


Go To Transparency Page

Frequently Answered Questions



What Is INR TOKEN?





Launched in 2022, INR COIN is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. We work to disrupt the conventional financial system via a more modern approach to money. We have made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), We have democratized cross-border transactions across the blockchain.



WHAT ARE INR Tokens?





INR COIN tokens are assets that move across the blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis. INR COIN tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. This offers traders, merchants and funds a low volatility solution when exiting positions in the market. All INR COIN tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 INR₮ = 1 INR) and are backed 100% by INR COIN Inc.'s reserves. As a fully transparent company, we publish a weekly record of the current total assets and reserves.



WHO CAN USE INR TOKENS?





INR Tokens enable businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat currencies on blockchains. Some of the largest businesses in the digital currency ecosystem have integrated INR Tokens. View industry supporters. Individuals can also use Tether-enabled platforms to transact with INR Tokens.



WHAT CURRENCIES & COMMODITIES INR Tokens SUPPORT?





INR Token supports Indian Rupee (INR) INR₮.



HOW ARE INR TOKENS ARE CREATED?





INR Tokens (INR₮) are created by having multiple INR COIN private authorisation keys sign and broadcast creation transactions on the specific blockchain. These new tokens are “authorised but not issued”, meaning that these INR₮ are stored in INR Token Inc.'s treasury and not in circulation until issued in response to market demand. INR Token's multi-signature (or multi-sig) model prevents a single person from issuing INR₮ on their own, which would represent a single point of failure and a security risk.



HOW DO INR TOKENS PROTECT ME FROM CRYPTO VOLATILITY?





Because they are anchored or ‘tethered’ to real-world currencies on a 1-to-1 basis and backed by our reserves. INR Tokens are new assets that move across the blockchain just as easily as other digital currencies. INR Token currencies are not money but are digital tokens formatted to work on blockchains. INR Tokens hold their value at 1:1 to the underlying assets i.e. Indian Rupee.



HOW DO I KNOW MY INR TOKENS ARE SECURE?





INR Token is built on top of revolutionary and cryptographically secure open blockchain technologies and adheres to strict security and global government laws and regulations. All INR Tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 INR₮ = 1 Indian Rupee) and are backed 100% by INR Token Inc.'s reserves. As a fully transparent company, we publish a daily record of our bank balances and the value of our reserves. INR COIN tokens can be securely stored, sent and received across the blockchain and are redeemable for cash (the underlying pegged asset) pursuant to INR Token Inc’s terms of service.



WHAT DOES AUTHORISED BUT NOT ISSUED MEANS?





INR Tokens (INR₮) that are “authorised but not issued” are tokens that are created on a blockchain and sitting in INR Token Inc.’s treasury. As these tokens have not been issued, these tokens are not counted as part of the total market capitalization of INR₮. “Issued” INR₮ are authorised tokens that have been sold and issued to INR Token Inc.’s customers and in actual circulation. “Issued” INR₮ are fully backed by INR Token Inc.’s reserves.



WHY ARE INR TOKENS BURNED?





INR Tokens (INR₮) are sometimes burned to reduce the number of outstanding tokens existing on a specific blockchain. These outstanding tokens could be from a customer’s redemption of their INR₮ holdings for fiat currency. These redeemed and returned INR₮ could alternatively be held by INR Token Inc's treasury (thus out of circulation and not part of the total market capitalization), ready for future issuance only in response to new market demand.



WHY ARE AUTHORISED BUT NOT ISSUED TOKENS ARE REQUIRED?





“Authorised but not issued” INR₮ are required to keep the entire creation and issuance process as secure as possible. There is a need to balance the security risks to INR Token Inc’s private keys and catering to new market demand for INR₮. By creating “authorised but not issued” INR₮, INR Token Inc's limits the number of times INR Token Inc’s signers need to access their authorisation private keys, thereby reducing their exposure to security threats. With “authorised but not issued” INR₮ stored in INR COIN Inc’s treasury (and not in circulation or part of INR COIN’s market capitalization), INR Token Inc can issue these INR₮ as soon as new customer funds are received. This ensures that every INR₮ issued is 100% backed by INR Token Inc’s reserves.



HOW DO INR TOKENS WORk?



INR Tokens exist as digital tokens built on several leading blockchains, including Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine. These transport protocols consist of open source software that interface with blockchains to allow for the issuance and redemption of INR Tokens. Every INR Token is 100% backed by our reserves, which includes traditional currency and cash equivalents, and may include other assets and receivables from loans made by INR TOKEN to third parties. The INR Token platform is fully reserved when the sum of all INR TOKEN tokens in circulation is less than or equal to the value of our reserves. Through our Transparency page, anyone can view both of these numbers on a daily basis. INR TOKEN was originally created to use the Bitcoin network as its transport protocol—specifically, the Omni Layer—to allow transactions of tokenised traditional currency. Since this original version of INR COIN uses the Bitcoin blockchain, it inherits the inherent stability and security of the longest established blockchain network. Tether on the Ethereum blockchain, as an ERC20 token, is a newer transport layer, which now makes INR TOKEN tokens available in Ethereum smart contracts or decentralized applications on Ethereum. As a standard ERC20 token it can also be sent to any Ethereum address. Since INR TOKEN tokens are currently available using different transport protocols, when users send INR Tokens to other addresses, they need to carefully check the destination address to confirm they are selecting the correct transport protocol.



INR Tokens Are driving the future of the Indian crypto market and Indian investors globally.



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