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How does MYRC work?

Find out below.

Stability you can trust

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.

How is $MYRC issued?

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.

Receive and payout in fiat & MYRC.

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