Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto.
Source: https://cointelegraph.com/news/first-rupiah-backed-stablecoin-launches-on-binance-and-tokocrypto
First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
June 30, 2020
CoinTelegraph