Gold Back Stablecoin GIDR
PT Pegadaian
Back to Innovators
Gold Indonesia Republic (GIDR) aims to transform Indonesia's gold assets into a seamless global digital commodity. Backed by physical gold held by PT Pegadaian, GIDR operates as a stablecoin, with each token representing one gram of stored gold.
As a digital gold asset, GIDR provides efficient, secure, and highly accessible options for buying, storing, and trading gold internationally, 24/7. Unlike traditional gold, GIDR eliminates the complexities of physical storage and transfer, offering an affordable way for retail investors to own fractional gold starting from as little as 0.0001 grams.
GIDR allows trading and exchanging on cryptocurrency platforms and can be redeemed for physical gold under certain conditions. With its blockchain-based infrastructure, GIDR brings stability to digital investments, appealing to those seeking a safe haven asset amid volatile markets. This design ensures transparency and ease of transactions, making GIDR an attractive solution for diversifying portfolios while leveraging Indonesia’s trusted gold reserves.
Highlights
- GIDR facilitates fractional ownership of gold and enables cross-border trading through blockchain, allowing gold ownership and trading anytime, anywhere.
- Supported by physical gold at PT Pegadaian, GIDR’s value is directly backed by gold. All transactions are recorded on the blockchain, providing full transparency for users.
- As a gold-backed stablecoin, GIDR protects investors from cryptocurrency market volatility, offering investors a safer asset option with stable value.
