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TMI BlogINRx Release First Financial Collateral ReportX X X X Extracts X X X X X X X X Extracts X X X X ..... INRx Release First Financial Collateral Report X X X X Extracts X X X X X X X X Extracts X X X X ..... its operational structure. It highlights key metrics and the collateral supporting the stability of INRx as it establishes its presence in the cryptocurrency space. Consolidated Financial Figures and Reserves Report – INRx Supply Overview The financial figures detailed in the report highlight the total supply of INRx across multiple blockchain networks, ensuring a decentralized and widely acces ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sible stablecoin. The current supply statistics are as follows: • Polygon Scan: Maximum supply of 100,000 INRx • Ether Scan: Maximum supply of 250,000 INRx • BSC Scan: Maximum supply of 1,502,950 INRx This brings the Total Supply to 1,852,950 INRx, which has been released into the market against adequate collateral. Collateral and Excess Reserves To ensure the stability and trustworthiness of IN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rx, the token supply is fully backed by collateral reserves. The collateral figures outlined in the report are: • Market Release: 1,852,950 INRx • Collateral: 2,641,777 INR (equivalent value) • Excess Reserves: 788,827 INR (equivalent value) These figures confirm that INRx maintains a robust collateral-to-supply ratio with a significant amount of excess reserves. This strategy not only ensures the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... security of the INRx ecosystem but also provides additional assurance to investors and users of the token. Why This Report Matters The release of the First Financial Collateral Report demonstrates INRx commitment to transparency and accountability. By providing detailed insights into the token’s supply and reserves, the INRx Foundation strengthens trust with its user base and sets a benchmark f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or other stablecoins in the market. The excess reserves, which exceed the total supply of INRx, highlight the Foundation’s conservative approach to ensuring the stability and reliability of the token. INRx Commitment to Financial Integrity and Transparency As Stable Coin, INRx continues to build confidence among users by adhering to stringent transparency and reserve management practices. The Fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rst Financial Collateral Report is a significant milestone in the journey of INRx, reflecting its unwavering commitment to financial integrity and stability. By backing its total supply with adequate reserves and maintaining excess collateral, INRx sets a new standard for stablecoin operations in the global cryptocurrency market. Note: The next Financial Collateral Report will be issued on April ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 25. About INRx Consensus LLP INRx Consensus LLP is behind INRx, Stable Coin linked to the Indian Rupee INR. Focused on trust and innovation, it uses blockchain to provide secure and reliable digital financial solutions. Stay Connected with Us! • Facebook: https://www.facebook.com/inrxfoundation/ • Instagram: https://www.instagram.com/inrxfoundation/ • Twitter: https://x.com/inrxfoundation • L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inkedIn: https://www.linkedin.com/company/inrxfoundation/ • YouTube: https://www.youtube.com/@inrxfoundation Website: https://inrx.io/ (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR X X X X Extracts X X X X X X X X Extracts X X X X
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