Malaysia’s Royal Stablecoin and Asia’s Shift to Tokenized Money

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Key takeaways

  • RMJDT is a ringgit stablecoin pitched for payments and cross-border trade.

  • Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure.

  • Across Asia, stablecoins are being brought under licensing and reserve and redemption rules.

  • Tokenized assets are increasing demand for tokenized settlement in local currencies, not just USD.

RMJDT is being pitched as a ringgit-pegged token tied to Johor’s Crown Prince. It was launched by his company, Bullish Aim, and issued on Zetrix, a network connected…



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Malaysia’s Royal Stablecoin and Asia’s Shift to Tokenized Money


Key takeaways

  • RMJDT is a ringgit stablecoin pitched for payments and cross-border trade.

  • Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure.

  • Across Asia, stablecoins are being brought under licensing and reserve and redemption rules.

  • Tokenized assets are increasing demand for tokenized settlement in local currencies, not just USD.

RMJDT is being pitched as a ringgit-pegged token tied to Johor’s Crown Prince. It was launched by his company, Bullish Aim, and issued on Zetrix, a network connected…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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