Introduction
Ringgit Equivalent, On The Blockchain
1 XMY = 1 MYR
XMY is a collateralized stablecoin which is soft pegged to the Malaysian Ringgit (MYR). This means that every 1 XMY is equivalent to 1 MYR.
It runs on the Polygon Blockchain
Polygon is a versatile and secure blockchain. By utilising Polygon blockchain, XMY users are able to perform transaction for a minimal fee in native Polygon coin. XMY can be kept in any Polygon compatible wallets, such as Metamask or Mathwallet .
Your Money, your freedom
As a collateralized stablecoin, users are able to perform transactions without hindrance. Your transaction cannot be blocked nor can it be reversed. Send your money to anyone, anytime, anywhere!
Unfortunately, as XMY is not a fiat-guaranted stablecoin, you cannot redeem 1 MYR fiat directly for each XMY. However, XMY users are able to buy or sell XMY for USDC from Quickswap Exchange. USDC can furhter be traded for other coins on the Polygon chain.
100%* Backed
Most banking system does not hold enough cash reserve to back your account. XMY backs 100% of the value of your money! Your holding of XMY will be backed by USDC. Cash out anytime you want to, no question asked!