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How does MYRC work?
Find out below.
This means...
MYRC ensures a seamless 1:1 redemption with the Malaysian Ringgit.
Our reserves undergo rigorous audits by certified Malaysian accountants.
Each MYRC token is fully backed by MYR held in secure trustee accounts.
Real-world currency on a 1-to-1 basis.
Each circulating MYRC token is backed by an equivalent amount of MYR in secure industry-standard trustee accounts.
01. Mint
MYRC is minted by BLOX on the Ethereum and Arbitrum blockchains*.
*decentralized public ledgers that record all on-chain MYRC transactions
02. Hold
Hedge against the volatility of your crypto-assets by holding MYRC, as stable as the Ringgit.
03. Redeem
Redeem MYRC to MYR at any time. MYRC that is redeemed will be removed from circulation on-chain.
MYRC is minted by BLOX on the Ethereum and Arbitrum blockchains*.
*decentralized public ledgers that record all on-chain MYRC transactions
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