PANews reported on December 9th that, according to Bloomberg, Bullish Aim, a company founded by Johor Crown Prince Ismail Ibrahim, has launched RMJDT, a stablecoin backed by RM100 in cash and short-term government bonds, and plans to issue it on the Zetrix blockchain. RMJDT aims to become the standard for crypto payments in Malaysia, improving transaction efficiency and security. Zetrix provides technology for the state-backed "Malaysia Blockchain Infrastructure" platform. Bullish Aim will also invest RM500 million to establish a digital asset vault to purchase Zetrix tokens.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.