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Malaysia Launches Ringgit Stablecoin as APAC Crypto Adoption Surges
The RMJDT stablecoin supports Malaysia's Digital Asset National Policy and aims to boost foreign direct investment with an initial RM500 million treasury backing network operations.
- On Dec. 9, 2025, Bullish Aim Sdn Bhd, chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, launched RMJDT, a Ringgit-backed stablecoin on Zetrix.
- Aligned with national policy, the initiative supports Malaysia's Digital Asset National Policy and aims to boost Malaysian Ringgit use in cross-border trade and attract foreign direct investment.
- The treasury, modelled on global precedents, will ensure stable gas fees for RMJDT transactions with an initial RM500mil allocation in Zetrix tokens, planned to increase to RM1bil.
- The Regent said Bullish Aim, chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, sees the Zetrix-token treasury as a strategic necessity for stability and blockchain alignment.
- Developed by Zetrix AI Berhad , Zetrix supports smart contracts and cross‑chain integration with China, enabling Blockchain‑based Identifiers and Verifiable Credentials for global trade.
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The stablecoin (stable price cryptocurrency) is designed for widespread payments across the Asia-Pacific region.
·Malaysia
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TMJ launches ringgit-backed blockchain stablecoin RMJDT
JOHOR BARU: Bullish Aim Sdn Bhd, chaired and owned by Johor Regent Tunku Ismail Sultan Ibrahim, has launched RMJDT, a ringgit-backed stablecoin issued on Zetrix, the core Layer-1 blockchain underpinning Malaysia's national Malaysia Blockchain Infrastructure.
·Malaysia
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Total News Sources25
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 37% Center
Bias Distribution
- 38% of the sources lean Left, 37% of the sources are Center
38% Left
L 38%
C 37%
R 25%
Factuality
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