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MYRC is always redeemable 1:1 for the Malaysian Ringgit, always.
As of Dec 31, 2023
Cash at Reserve Banks
* MYRC is backed by the equivalent value of ringgit denominated assets held as reserves for the benefit of MYRC holders. Cash is held in Malaysian financial institutions.
View our monthly attestations, which provide assurance that the amount of MYRC reserves are equal to or greater than the amount in circulation each month, according to attestation standards set out by the International Auditing and Assurance Standards Board (“IAASB”).