RMJDT Coin Launched in Malaysia by the Crown Prince

Malaysia has officially stepped into the stablecoin arena with the launch of RMJDT, a ringgit backed digital asset introduced by Tunku Ismail Sultan Ibrahim, the Crown Prince of Johor.

The token is issued through his company Bullish Aim and built on the Zetrix layer one blockchain, a core component of the Malaysia Blockchain Infrastructure.

RMJDT is backed by ringgit cash deposits and short term Malaysian government bonds, giving it a strong foundation.

With oversight from the Securities Commission and Bank Negara Malaysia under the regulated sandbox, the project signals a new chapter for Malaysia’s digital asset development.

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Key Takeaways

• RMJDT is a ringgit backed stablecoin issued on the Zetrix blockchain for secure digital transactions.

• It operates under Malaysia’s regulated sandbox framework to support innovation while maintaining safeguards.

• The project aims to boost cross border trade and strengthen the international use of the Malaysian ringgit.

What RMJDT Is and Why It Matters

RMJDT is designed as a stable digital currency tied to the Malaysian ringgit. It seeks to offer a dependable option for payments, settlements, and digital transactions within the region.

Backing the token with both cash deposits and short term government bonds helps maintain price stability, which is an essential trait for any stablecoin.

This structure makes RMJDT appealing to businesses that want predictable value when dealing with cross border operations or digital commerce.

Key Features of RMJDT

• Pegged directly to the Malaysian ringgit

• Backed by cash reserves and government bonds

• Issued on the Zetrix national blockchain

• Developed under regulated sandbox supervision

RMJDT is also part of Malaysia’s broader plan to strengthen its presence in the digital economy. The project aligns with the Digital Asset National Policy, which encourages safe exploration of tokenization and digital settlements.

With Asia showing strong stablecoin adoption, RMJDT arrives at a moment when demand for efficient digital payment options is rising across the region.

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How the Zetrix Blockchain Supports RMJDT

The choice to build RMJDT on Zetrix plays a major role in shaping its potential. Zetrix is a national level blockchain known for secure smart contracts, smooth cross border communication, and strong privacy controls.

It supports tools such as Blockchain based Identifiers and Verifiable Credentials, which help make trade processes more transparent and efficient.

These features make Zetrix a suitable home for a stablecoin designed to support international transactions.

Why Zetrix Matters

• Enables programmable payments for businesses

• Integrates directly with the Malaysia Blockchain Infrastructure

• Offers scalability for large trade and settlement volumes

• Helps maintain stable network fees for RMJDT transactions

Bullish Aim has also announced the creation of a Digital Asset Treasury Company, or DATCO. It begins with a treasury of RM500 million in Zetrix tokens and is set to grow to RM1 billion.

The plan is to stake a portion of these tokens to support validator nodes on the national blockchain.

This approach strengthens the long term reliability of the ecosystem and helps keep transaction fees stable for RMJDT users.

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How RMJDT Supports Malaysia’s Digital Growth

The stablecoin launch is not just a financial experiment. It is part of a larger national goal to modernize Malaysia’s digital infrastructure and expand the international use of the ringgit.

By offering a dependable asset for cross border settlements, RMJDT may help attract more foreign direct investment and make Malaysia a more active player in regional digital trade markets.

The announcement also reflects rising interest in stablecoins across Asia, where trillions of dollars move through stablecoin networks each year.

Potential Benefits for Malaysia

• Stronger cross border trade support

• Wider use of the ringgit in regional settlements

• Increased investor confidence in Malaysian digital assets

• Better access to efficient digital payment tools

The introduction of RMJDT shows how Malaysia aims to stay competitive as global tokenization becomes more common.

With countries like Hong Kong rolling out their own regulatory standards for stablecoins, Malaysia’s move places it alongside the region’s more forward thinking digital economies.

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Conclusion

RMJDT marks a significant milestone for Malaysia as it steps deeper into the digital asset landscape.

With backing from the Crown Prince, support from national regulators, and a strong foundation built on the Zetrix blockchain, the stablecoin has a clear purpose in strengthening trade and supporting modern financial innovation.

As the country moves toward a more digital future, RMJDT may become a key tool for businesses, consumers, and trade partners.

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FAQ

What is RMJDT?

RMJDT is a ringgit backed stablecoin issued on the Zetrix blockchain and supported by cash deposits and government bonds.

Who launched RMJDT?

The stablecoin was launched by Tunku Ismail Sultan Ibrahim, the Crown Prince of Johor, through his company Bullish Aim.

Why was RMJDT created?

It was designed to support cross border trade, improve digital payment efficiency, and expand the international use of the Malaysian ringgit.

How is RMJDT regulated?

It operates within Malaysia’s regulated sandbox overseen by the Securities Commission and Bank Negara Malaysia.

Is RMJDT available for everyday users?

The stablecoin is currently focused on trade and payment applications, though broader access may grow as adoption increases.

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