Johor Regent launches ringgit stablecoin


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.

Launched under a regulated sandbox framework, Zetrix AI Bhd said in a Bursa Malaysia filing that the RMJDT is designed to strengthen the international use of the ringgit in cross-border trade settlements and to act as a catalyst for attracting increased foreign direct investment into Malaysia.

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RMJDT , Stablecoin , RinggitDigital , Zetrix

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