Digital Assets
What are Digital Assets?
Digital Assets are assets that exist in digital form and can be owned, stored, and transferred over the internet. One of the most widely used types of digital assets today is Stablecoins, digital assets designed to maintain a value linked to a specific currency such as the US Dollar (USD).
USDT & USDC
The two most recognized stablecoins globally are USDT (Tether) and USDC (USD Coin). USDT and USDC are used by millions of individuals, businesses, investors, digital nomads, and international travelers to store value and conduct cross-border transactions efficiently.
Why Does Xepeng Provide This Service?
Indonesia, especially Bali, welcomes millions of international visitors every year. Many of them now use USDT or USDC as a primary source of funds for travel, accommodation, dining, shopping, and other daily activities. At the same time, businesses in Indonesia require settlement in Indonesian Rupiah.
Bridging the Gap
Xepeng bridges this gap by allowing customers to use USDT or USDC as a funding source while merchants receive settlement in Rupiah in accordance with applicable mechanisms and regulations.
Benefits for Merchants
Merchants do not need to open crypto wallets, store digital assets, manage private keys, or understand blockchain technology. They simply receive Rupiah and continue operating their business as usual.