Johor's Regent Introduces Groundbreaking Ringgit-Backed Stablecoin on Zetrix Blockchain

The Launch of RMJDT: A New Era in Digital Finance for Malaysia



In an exciting development for Malaysia's financial landscape, His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, recently announced the launch of RMJDT, a stablecoin backed by the Malaysian Ringgit. The introduction of RMJDT happened at a ceremony on December 9, 2025, and it signifies a significant step towards integrating blockchain technology in Malaysia's economy. This initiative is part of the broader Malaysia Blockchain Infrastructure (MBI), powered by the Zetrix layer-1 blockchain.

A Strategic Initiative



The RMJDT is more than just another cryptocurrency; it represents Malaysia's strategic move to strengthen the international usability of the Ringgit in cross-border trade transactions. Launched under a regulated sandbox framework, this stablecoin is designed to comply with national policies and regulations, ensuring transparency and security for users.

Notably, the creation of RMJDT is not merely a financial experiment; it aims to serve as a catalyst for attracting foreign direct investment (FDI) into Malaysia, which is crucial for economic growth in the current global economic climate. By aligning with global trends in tokenization, RMJDT supports Malaysia's Digital Asset National Policy, thus reinforcing the country’s commitment to digital innovation and economic advancement.

The Role of Bullish Aim Sdn. Bhd.



Bullish Aim Sdn. Bhd., the company behind RMJDT, is spearheaded by the Regent himself. In addition to launching the stablecoin, the organization plans to form a Digital Asset Treasury Company (DATCO) with an initial allocation of RM500 million in Zetrix tokens. This treasury is expected to grow to RM1 billion, mirroring successful global models operated by companies like MicroStrategy and Bitmine Immersion.

This treasury will not only facilitate stable gas fees for transactions involving RMJDT but will also stake Zetrix tokens to support up to 10% of validator nodes within the Malaysia Blockchain Infrastructure, thereby enhancing the overall security and operational efficiency of Malaysia's blockchain ecosystem.

Supporting National Resilience



His Royal Highness emphasized that establishing a treasury of Zetrix tokens is a strategic necessity to ensure operational stability and greater alignment with the national blockchain objectives. This proactive approach demonstrates Johor's dedication to leading digital innovation at the intersection of blockchain technology and economic development.

Moreover, these efforts are being pursued within Malaysia's approved sandbox environment which allows for regulatory compliance and oversight, creating a secure and transparent framework for this groundbreaking initiative.

The Future of Zetrix



Zetrix functions as a public layer-1 blockchain that not only enables smart contracts but also boasts features of privacy, security, and scalability. The infrastructure can be leveraged across various industries, connecting governments, businesses, and citizens to a global blockchain economy. The strategic partnership with Chinese systems enhances cross-border and cross-chain capabilities, serving as a significant gateway for enhancing global trade.

Conclusion



The launch of RMJDT and the establishment of a Digital Asset Treasury mark an essential milestone for Johor and Malaysia as a whole in the digital finance sector. As Malaysia positions itself as a forward-thinking player in blockchain technology, the implications for cross-border trade, foreign investment, and overall economic growth are immense. With these initiatives, Johor sets a precedent for other regions looking to harness the power of digital innovation for economic enhancement.

Topics Financial Services & Investing)

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