Building the Institutional Liquidity Layer for Digital India
INDR Indian Digital Rupee unites the XRPL, strategic Ripple partnership, and India's e-Rupee ecosystem to become the compliant, non-custodial liquidity infrastructure that digitizes cross-border trade and capital markets. We are building the missing compliant bridge between India's sovereign digital infrastructure and global institutional payment flows, strategically aligning with and strengthening India's national monetary autonomy. Explore the key metrics below to understand the scale of our ambition.
Target: Global Remittances
$125B+
India's Inward Remittance Market (2023)
Target: Cost Reduction
< 1%
INDR Indian Digital Rupee's Transaction Fee vs 6%+ via Traditional Channels
Target: Institutional B2B Trade
$40T
Addressable Global Market with Atomic T+0 Settlement
The $40 Trillion Liquidity Gap
Global B2B payments, trade settlement, and remittances suffer from slow, fragmented processes: multiday settlement, high capital "float," and fees ranging from 3-7%. The institutional cross-border settlement market represents an estimated $40 Trillion opportunity, with B2B payments comprising 75% of that volume. India's sovereign digital infrastructure (UPI, e-Rupee) lacks the compliant, instant, and interoperable stablecoin layer required to bridge domestic efficiency to global cross-border trade and institutional capital flows. This section quantifies the problem and the immense value waiting to be unlocked.
The Remittance Gap
Traditional remittance channels are costly, with fees significantly eating into the funds sent home by millions of Indians abroad. INDR Indian Digital Rupee offers a starkly efficient alternative.
The Institutional Payment Bottleneck
The $40 Trillion institutional cross-border settlement market is constrained by legacy infrastructure. INDR Indian Digital Rupee, powered by XRPL and Ripple ODL, provides the compliant, instant settlement layer needed to unlock this massive opportunity.
INDR Indian Digital Rupee: Building the Institutional Liquidity Layer
INDR Indian Digital Rupee is a 1:1 INR-pegged stablecoin, fully backed by high-quality reserves including Indian government securities (G-Secs/SDLs), gold, and fixed deposit INR reserves. Built on the XRP Ledger (XRPL) with strategic Ripple partnership, INDR leverages On-Demand Liquidity (ODL) to eliminate costly pre-funded nostro accounts and enable instant, low-cost cross-border settlement. This institutional-grade infrastructure positions INDR as the compliant bridge between India's domestic digital economy and global capital markets.
How INDR Indian Digital Rupee Works: A Transparent Flow
Step 1
User deposits INR with our regulated banking partner.
Step 2
INDR Indian Digital Rupee smart contract mints equivalent amount of INDR tokens to user's wallet.
Step 3
Funds are secured in a transparent, audited reserve of cash & government securities.
Revolutionizing Remittances with Ripple ODL
For the millions in the Indian diaspora, sending money home is a lifeline. INDR leverages Ripple's On-Demand Liquidity (ODL) network, using XRP as a bridge asset to provide Just-in-Time liquidity. This eliminates the need for pre-funded nostro accounts, reducing transfer costs from 6%+ to under 1% while enabling instant settlement. A user in the US can convert USD to INDR via the ODL corridor, with funds arriving in India within seconds. The recipient can then instantly redeem INDR for INR in their bank account, bypassing multiple intermediaries and slow banking hours.
Powering Global Trade with XRPL Token Escrow
Indian SMEs face significant friction in international trade, from costly letters of credit to long payment settlement cycles. INDR leverages XRPL's native conditional escrow functionality to lock funds, released only upon pre-agreed conditions (e.g., shipping confirmation). An exporter in India can receive payment in INDR from a buyer in Europe the moment goods are confirmed as shipped, with atomic settlement on the XRPL. This replaces expensive Letter of Credit intermediaries with automated, trustless settlement, removing counterparty risk and improving cash flow for businesses underserved by traditional banking.
The Asset for Digital India
As India's digital economy grows, the need for a stable, on-chain financial asset is paramount. INDR Indian Digital Rupee serves as the core building block for a new generation of fintech applications. This includes cross-border portfolio investments, decentralized finance (DeFi) platforms seeking stable INR-based liquidity, and digital marketplaces needing a reliable medium of exchange without crypto volatility. INDR Indian Digital Rupee provides the trusted, compliant bridge between the traditional and decentralized financial worlds.
Built on a Foundation of Trust & Technology
In the world of digital assets, trust is everything. INDR Indian Digital Rupee is engineered from the ground up for security, transparency, and regulatory compliance. This section outlines our multi-layered approach to ensuring the integrity of our stablecoin, from the underlying blockchain technology to our rigorous financial controls and proactive regulatory engagement.
Sovereign-Backed Reserves
Every INDR token is backed by reserves predominantly allocated to Indian Government Securities (G-Secs) and State Development Loans (SDLs), providing stability through sovereign backing while maintaining full collateralization. We will never be fractionally reserved.
Third-Party Audits
We will provide monthly reserve attestations from a top-tier accounting firm and conduct regular smart contract security audits from leading blockchain security experts.
Regulatory Proactive
Our strategy is to work with regulators. We will operate within the RBI's framework and aim to secure relevant licenses, ensuring INDR Indian Digital Rupee is a fully compliant digital asset.
XRPL Foundation & Ripple Partnership
Built on the XRP Ledger (XRPL), leveraging its proven reliability, deterministic execution, and low costs for institutional-grade settlement. Strategic partnership with Ripple enables ODL integration, eliminating capital float and reducing transaction costs from 6%+ to under 1%.
Institutional-Grade Custody
Reserve assets are held with a regulated, scheduled commercial bank in India, segregated from company operational funds for maximum security.
Institutional-Only Compliance Layer
Utilizing XRPL's Multi-Purpose Token (MPT) standard to embed compliance controls directly into the token layer, ensuring INDR is strictly institutional-only (non-P2P) with enforced AML/KYC at the protocol level, aligning with global regulatory standards.
Go-to-Market Strategy & Roadmap
Our launch is structured in three strategic phases, designed to build a strong foundation and scale effectively. We begin by integrating with existing networks to drive initial adoption, then expand to serve businesses directly, and finally target the broader consumer market. This interactive timeline details our key milestones for the next 24 months.
Phase 1: Foundation & Regulatory Entry (Months 1-6)
Establish strategic Ripple partnership and Joint Venture for INDR issuance. Launch INDR Multi-Purpose Token (MPT) on XRPL Testnet. Submit dual RBI/SEBI Sandbox applications. Integrate with Ripple's ODL network for initial remittance corridor validation.
Phase 2: Validation & CBDC Bridge (Months 7-18)
INDR/e-Rupee Wholesale Bridge Pilot operational. Validate ODL efficiency in anchor remittance corridors (US-India, UAE-India). Roll out XRPL Token Escrow for Trade Finance. Secure initial institutional adoption with regulated financial institutions.
Phase 3: Vertical Scaling & Market Leadership (Months 19-36)
Launch tokenized bond issuance pilot with atomic T+0 delivery vs. payment (DvP) settlement. Achieve full operational license and $5 Billion+ Total Settlement Value (TSV) run-rate. Expand ODL network across additional corridors. Enable permissioned DeFi yield pools for institutional INDR holders.
The Investment: Seeding the Revolution
We are seeking $100M in strategic funding (Seed + Series A) to establish market leadership over a 36-month runway. This capital will fund the Ripple partnership, secure regulatory approvals, build the INDR reserve pool, and execute our go-to-market strategy. We are not just raising capital; we are deploying a compliant liquidity pool that instantly establishes our dominant market position and directly contributes to the Indian sovereign debt market. The chart below provides a clear breakdown of how these funds will be strategically deployed.
Funding Ask (Seed Round)
$100 Million
This capital will enable us to establish the Ripple partnership, build the INDR reserve pool (predominantly allocated to Indian G-Secs/SDLs), accelerate XRPL integration and ODL network expansion, secure critical regulatory approvals, and achieve market dominance in the next 36 months with a $5 Billion+ TSV run-rate target.