BIDR is a stablecoin that is fully backed and pegged to the Indonesian Rupiah (IDR) on a 1:1 ratio. It was introduced by Binance and Tokocrypto with the aim of providing a stable digital currency option for users engaged in cryptocurrency trading and transactions within Indonesia. By representing the national currency in digital form, BIDR facilitates seamless and instant transfer of value within the Binance ecosystem, enhancing both accessibility and financial inclusion for Indonesian individuals and businesses. Unlike volatile cryptocurrencies, BIDR maintains its value stability, making it an attractive option for both new and experienced crypto users seeking the benefits of blockchain technology without exposure to price fluctuations. It also plays a pivotal role in advancing the adoption of cryptocurrencies by aligning digital assets with traditional fiat currency values.