2025-12-09 11:13:33

The Malaysian royal family has made a move in the stablecoin sector. Bullish Aim, backed by Johor royal family member Ismail Ibrahim, has launched RMJDT, a stablecoin pegged to the Malaysian ringgit. The model uses ringgit cash and short-term domestic government bonds as full collateral and operates on the Zetrix chain.

The objective is clear—to turn this stablecoin into the foundational infrastructure for local crypto payments. This initiative is backed by favorable policy trends, as Malaysia's stance on virtual assets has recently relaxed. Prime Minister Anwar has publicly stated his support for responsible innovation.

Bullish Aim is also planning to invest 500 million ringgit, which is about $121 million. With both policy support and funding, this move seems well-prepared.

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ForkTrooper

· 12-09 12:28

Even the royal family is getting into stablecoins now. It really feels like the policy direction is shifting. --- How come I've never heard of the Zetrix chain... Has anyone used it? --- $121 million invested—this guy is serious, not just here to fleece newcomers. --- Ringgit-backed... Feels a bit more stable than USDT? Or is it just the same old playbook? --- The Prime Minister supports innovation, but will he get criticized later for burning money? Peoples' views in Southeast Asia are pretty complicated. --- By the way, with royal family members involved in crypto, how do you even calculate the political risk?

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OfflineValidator

· 12-09 11:43

The royal family is getting involved with stablecoins—looks like things are about to heat up in Southeast Asia. --- With royal endorsement and government easing restrictions, they're really playing their cards well. --- A MYR stablecoin? Sounds good, but I'm just worried it might be more hype than substance. --- $121 million invested—we'll have to see how far it can actually go. --- How come I've never heard of the Zetrix chain? Is this really going to work? --- Policy support is definitely attractive, but we'll have to wait and see how things play out in Southeast Asia. --- Will a royal-backed stablecoin just be the same old rug pull under a different name? --- If this actually succeeds, royals in other countries are going to be jealous.

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MEVHunter_9000

· 12-09 11:41

Even the royal family is getting into stablecoins now, things are moving pretty fast. --- The name "rmjdt" is really... well, whatever, I can't remember it anyway. --- $121 million thrown in, just for local payment infrastructure? Betting that policy will keep loosening, huh. --- Using government bonds as collateral is definitely more reliable than some pure-air stablecoins. --- Anwar may support innovation, but in the end, it depends on whether the ringgit will actually run on-chain. --- I've never even heard of the Zetrix chain, is this something new? --- What can a royal endorsement really solve? The key is whether anyone will actually use it. --- Hey, isn't this just a Southeast Asian version of a certain stablecoin, just with a different skin?

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BearMarketMonk

· 12-09 11:39

The royal family is getting involved—this changes everything. The Malaysian ringgit stablecoin has policy backing plus real collateral, way more reliable than those air coins. Anwar's change in attitude is a signal. --- But wait, does the Zetrix chain have enough liquidity? We'll have to see how the ecosystem develops. --- $121 million invested—these guys are serious. But competition among stablecoins is fierce; we'll see if it can truly become the payment infrastructure. --- This is a smart move by Malaysia, staking a claim to Southeast Asia's payment narrative. --- Royal endorsement definitely adds points, but in the end, stablecoins compete on real-world use cases. --- Feels like a nice fusion of traditional finance and Web3—pretty interesting. --- Policy support + royal credibility + full collateralization—this setup would've been unimaginable just a few years ago. --- Zetrix chain—I haven't paid much attention to it before. Can it take off this time? --- The Malaysian ringgit stablecoin is here, and Southeast Asia's payment landscape is about to change.

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MultiSigFailMaster

· 12-09 11:38

Even the royal family is getting into stablecoins now. This is really an endgame signal. --- Malaysian Ringgit stablecoin? Sounds good, but can the Zetrix chain handle it? --- 500 million MYR invested, I'm optimistic about this move. The Southeast Asian stablecoin battle is just getting started. --- Friendly policies + royal endorsement + ample funding, this setup is indeed strong. --- Another stablecoin, more policy support—this round is really Southeast Asia's turn. --- Using government bonds as collateral is a decent approach, at least more reliable than some worthless coins. --- Can Zetrix really become payment infrastructure? Let's see the user experience first. --- The royal family launching a stablecoin—this is a first in the crypto world. --- $121 million in size, that's just average in the stablecoin space. --- Anwar supports innovation + the royal family is stepping in—Malaysia is really going all in on Web3. --- Cash plus government bonds as collateral makes sense logically, just hope there are no issues with execution.

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OPsychology

· 12-09 11:33

The royal family is getting involved in stablecoins; now traditional finance can't sit still. --- A Malaysian ringgit stablecoin? Sounds good, but I'm afraid it'll end up a complete mess again. --- A $121 million wager—Malaysia really wants to make some waves. --- Can the Zetrix chain handle this? Somehow it just feels off. --- Policy + royalty + real money—are they serious this time? --- Southeast Asian countries are launching stablecoins one after another; is the blockchain spring finally here? --- Fully collateralized sounds reassuring, but who's going to regulate it? --- Anwar's move is ruthless—going straight to the royal family. --- Wait, is this gearing up for a showdown with USDT? --- Throwing in 500 million ringgit—what are the odds of success, everyone?

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OldLeekNewSickle

· 12-09 11:29

A stablecoin endorsed by the royal family—now even government approval is required to fleece retail investors.

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SandwichVictim

· 12-09 11:17

The royal family is getting involved in stablecoins—this move really shows some vision. Using government bonds as collateral is quite an innovative approach.

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