Key Highlights:
- Bullish Aim announces launch of stablecoin RMJDT, backed by Malaysian ringgit (MYR) and short-term government bonds.
- The token is built on the Zetrix blockchain.
- Bullish Aim plans to invest 500 million MYR in digital asset infrastructure.
Bullish Aim, a company which is led by Johor royal family member Ismail Ibrahim, has announced a stablecoin launch called RMJDT, which is pegged to the Malaysian ringgit (MYR) as reported by Bloomberg today, December 9, 2025. This move indicates that the Malaysian crypto scene is developing at a great speed and innovations are at its peak.
Usually, the stablecoins are backed by just cash, but RMJDT is backed by not just cash, but it is also backed by short-term government bonds, which gives it a strong foundation and makes it all the way more reliable.
What makes this launch interesting isn’t just the stablecoin itself, but it is who is behind it and the careful approach that is being taken. However there is limited information regarding rollout specifics, but one thing is for sure, this move will shape Malaysia’s digital future of finance.
A New Chapter for Crypto Payments in Malaysia
As mentioned above, the stablecoin is pegged to Malaysian ringgit and it will also be backed by short-term government bonds. This stablecoin RMJDT will be issued on the Zetrix blockchain, which is a platform that is known for strong security and the ability to handle lots of transactions quickly.
By using Zetrix, RMJDT aims to provide fast, safe, and transparent payments, supporting the growth of Malaysia’s digital economy.
Malaysia’s Warming Stance on Virtual Assets
It has been observed that Malaysia is becoming more and more open to digital assets. Prime Minister Anwar Ibrahim, has also highlighted that the government’s goal is to encourage “responsible innovation,” where the authorities want to support new tech while making sure that there is proper oversight.
This makes the timing right for Bullish Aim’s move. The launch also fits a bigger regional trend, as many Southeast Asian countries look to bring blockchain technology within their financial systems.
Significant Investment Plans to Support Crypto Infrastructure
Apart from this stablecoin launch, Bullish Aim has also revealed that it will be investing 500 million MYR (about $121 million) to build a large digital asset vault. This vault will act like a big secure storage system for the digital money. This move will solve one of the biggest worries people have about crypto, the safety of their funds.
In the first stage of this investment, the company will also be buying Zetrix tokens, which will further strengthen its connection to the same blockchain that powers RMJDT. This move also indicates strong confidence in Zetrix technology and suggests that Bullish Aim sees it as the backbone of Malaysia’s future crypto payment system.
Bridging Traditional Finance and Crypto
RMJDT’s backing with real Malaysian ringgit cash and government bonds is creating a strong link between the country’s traditional financial system and the crypto space. With this design and setup, the price swings that usually leave users worried can be reduced.
With this design and foundation, the stablecoin is likely to gain trust from banks, companies, and regulators, and will make it all the way more useful for things such as daily payments, money transfers within the Malaysian region and merchant transactions.
This launch has the potential to influence the wider market as well. Other players in Malaysia and Southeast Asia may now be pushed and encouraged to develop products or projects that are regulated, asset-backed stablecoins of their own.
However, the success of the project will be solely dependent on how well does the project builds public trust, maintains transparency, and gets merchants and consumers to adopt the system at scale.
Also Read: SUI Token Surges over 10% as Stablecoin Supply Explodes
Source: https://www.cryptonewsz.com/bullish-aim-launches-rmjdt-in-malaysia/
