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HomeBlockchainJohor Regent Introduces Ringgit-Backed Stablecoin and Digital Asset Treasury on Zetrix

Johor Regent Introduces Ringgit-Backed Stablecoin and Digital Asset Treasury on Zetrix

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Introduction to RMJDT

On December 9, 2025, Bullish Aim Sdn. Bhd., chaired by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, unveiled the RMJDT—a Ringgit-backed stablecoin launched as part of Malaysia’s National Digital Asset Sandbox Initiative. This development marks a significant milestone in Malaysia’s foray into digital finance, enhancing the nation’s digital asset landscape and aligning with contemporary trends in global tokenization.

The Role of RMJDT

The RMJDT aims to facilitate the international use of the Malaysian Ringgit, particularly in cross-border trade settlements. It not only seeks to streamline transactions across countries but also aspires to attract increased foreign direct investment (FDI) into Malaysia. This initiative is crafted under a regulated sandbox framework, ensuring that it adheres to national policies while exploring innovative financial technologies.

The Digital Asset Treasury Company (DATCO)

In conjunction with the RMJDT launch, Bullish Aim is set to establish a Digital Asset Treasury Company (DATCO). This entity will kick off with an initial treasury allocation of RM500 million in Zetrix tokens, with plans to double this to RM1 billion. Inspired by the treasury strategies of companies like MicroStrategy and Bitmine Immersion, DATCO is positioned to stabilize network gas fees associated with RMJDT transactions.

Enhancing Blockchain Security

DATCO will also stake Zetrix tokens to support a substantial portion of the validator nodes within the Malaysia Blockchain Infrastructure. This strategic move emphasizes long-term resilience in the Web3 space, fundamentally boosting the security and efficiency of Malaysia’s blockchain ecosystem. As outlined by Tunku Ismail, establishing a Zetrix-token treasury is pivotal for both operational stability and fortifying ties with the national blockchain architecture.

Johor’s Commitment to Digital Innovation

The dual initiatives of RMJDT and DATCO exemplify Johor’s broader commitment to fostering digital innovation. They aim to integrate blockchain technology with trade infrastructure, propelling national economic development while operating within a framework of oversight and transparency provided by Malaysia’s approved sandbox environment.

About Zetrix

Zetrix, the core blockchain supporting RMJDT, is a layer-1 public blockchain designed for scalability, privacy, and security. Developed by Zetrix AI Berhad, Zetrix offers a robust infrastructure capable of connecting governments, businesses, and citizens in a blockchain-based economy. Additionally, its cross-border integration with China positions Zetrix as a vital gateway in global trade, enabling services like Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).

Conclusion

The introduction of RMJDT as a Ringgit-backed stablecoin signifies a transformative step for Malaysia’s digital economy. By enhancing trade settlements and attracting investment, Malaysia is not just adopting digital assets but is also leading the way in integrating blockchain technology into its economic fabric. Through initiatives like DATCO and leveraging the Zetrix blockchain, Malaysia is establishing itself as a forward-thinking nation in the digital asset landscape.

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