Malaysia’s Royal Family Launches Ringgit Stablecoin

[cryptoenthusiast]

Malaysia’s Crown Prince Ismail Ibrahim is entering Web3 with RMJDT, a new stablecoin fully backed by the Malaysian ringgit. Launched through his telecom firm Bullish Aim, RMJDT will run on the Zetrix Layer-1 blockchain, targeting cross-border payments across Asia-Pacific. The project sits inside Malaysia’s regulated sandbox, signaling a major step toward national-level digital asset innovation.

[Abdul Khan]

A royal-backed stablecoin definitely boosts credibility.

[Nahid Hossen]

Nationally aligned stablecoins may become the next big trend.