🇮🇳 INRx Coin – India’s First INR-Pegged Stablecoin

INRx is a full-fledged stablecoin pegged 1:1 to the Indian Rupee, built on its own public blockchain operated by the Deo Foundation .

Use cases: Everyday transactions, remittances, e‑commerce, DeFi, and programmable smart contracts .

Stability mechanics: Backed with INR reserves, audited regularly, with smart-contract automation and oracles handling minting/redemption .

Key benefits:

Maintains 1 INRx ≃ ₹1, reducing volatility risk.

Low-cost and borderless peer-to-peer transfers.

Drives financial inclusion for India’s underbanked population .

Governance: Decentralized yet compliant, aligned with India’s financial regulations .