1 MYR = 1 MYRT · ON LAUNCH 100% RINGGIT CASH · 1:1 BACKED BUILT FOR PAYROLL · COMMERCE ↗ COMPLIANT BY DESIGN NETWORK · ETHEREUM SEGREGATED RESERVES COMPLIANCE-FIRST INFRASTRUCTURE RINGGIT-BACKED 1:1 SINCE DAY ONE 1 MYR = 1 MYRT · ON LAUNCH 100% RINGGIT CASH · 1:1 BACKED BUILT FOR PAYROLL · COMMERCE ↗ COMPLIANT BY DESIGN NETWORK · ETHEREUM SEGREGATED RESERVES COMPLIANCE-FIRST INFRASTRUCTURE RINGGIT-BACKED 1:1 SINCE DAY ONE
Transparency

What MYRT is.
And what it isn't.

MYRT is a 1:1 Ringgit-backed, limited-purpose stablecoin.

01 - The Backing

1 MYRT.
1 Ringgit. Always.

Every token in circulation is matched 1:1 by a Ringgit cash deposit held in a segregated account.

Held in reserve
RM 1
Ringgit cash · segregated account
=
In circulation
1 MYRT
On-chain
// Monthly independent attestations · Real-time on-chain visibility
02 - Scope

A limited-purpose token.

MYRT has a deliberately narrow scope. Knowing what it is for - and what it is not - is part of how we keep it safe and compliant.

What MYRT is for

  • Merchant spending - used like a loyalty point that redeems to Ringgit
  • Payroll for businesses paying Malaysian-eligible workers
  • Compliant on-chain settlement between known parties
  • 1:1 redemption to Ringgit through MYRT's redemption rail

What MYRT is not for

  • Trading, speculation, or yield-seeking
  • Foreign exchange or money conversion services
  • Conversion to USDT, USDC, or any non-MYR stablecoin
  • Cross-border value transfer outside our supported rails
03 - The Singapore Rail

xSGD to MYRT.
One way.

For Singapore residents and visitors who want to spend at Malaysian merchants in MYRT, MYRT supports a one-way conversion from xSGD - the regulated Singapore Dollar stablecoin - into MYRT. There is no reverse rail.

xSGD
Singapore stablecoin
→
MYRT
Spend at merchants
// One-way only · No MYRT → xSGD conversion

MYRT is not a venue for converting between currencies. The xSGD rail exists so Singapore visitors can pay Malaysian merchants like locals. From there, MYRT redeems only to Ringgit, only by registered redeemers.

04 - Boundaries

What MYRT will never do.

MYRT is not swappable to anything except 1:1 MYR.

MYRT cannot be swapped for any other currency, token, or asset. The only redemption path is 1 MYRT to 1 MYR, settled through MYRT's redemption rail by a registered redeemer.

MYRT is not a route to USDT, USDC, or other stablecoins.

MYRT is not designed to be swapped for USDT, USDC, or any other dollar-denominated or non-MYR stablecoin. Anyone treating MYRT as a hop in a cross-stablecoin trade is using it outside its intended purpose - and outside the support of MYRT and its partners.

MYRT does not perform money conversions.

MYRT is not a money services business. It does not run currency-exchange or remittance services. It does not quote FX rates, accept funds for conversion, or hold customer balances for the purpose of conversion. Any FX that occurs - including the xSGD inbound rail - is performed by licensed third parties operating within their own regulatory permissions.

MYRT does not perform foreign-exchange services.

MYRT does not offer FX hedging, FX trading, or multi-currency accounts. It is denominated only in Malaysian Ringgit and behaves only as a Ringgit substitute on-chain for limited purposes.

05 - Subject to Law

Use of MYRT is subject to all applicable laws.

Holding, sending, receiving, redeeming, or accepting MYRT must comply with the laws of Malaysia and any other jurisdiction relevant to the user. This includes but is not limited to anti-money-laundering and counter-terrorism-financing rules, sanctions regimes, tax obligations, securities and payments licensing, and the regulatory permissions held by each party in a transaction.

MYRT's compliance controls are designed to support these obligations - not to replace the user's responsibility to follow them.

// Read the full compliance framework →
View compliance →