What is Malaysian Ringgit Coin Staking?
MYRC is a 1:1 fiat-backed stablecoin pegged to the Malaysian Ringgit (MYR) and is issued by BLOX. This means that for every MYRC token in circulation, an equivalent amount of MYR is held in reserve. Our reserve undergoes rigorous audits conducted by certified Malaysian accountants, and we regularly publish monthly attestation reports on the BLOX website.