Malaysia’s Crown Prince Unveils Game-Changing Stablecoin and Massive Crypto Treasury Strategy
Royalty meets digital finance as Malaysia's Crown Prince steps onto the blockchain stage with a dual announcement that could reshape the nation's financial architecture.
The Stablecoin Gambit
Forget speculative tokens—this is a state-linked digital asset designed for stability. Pegged to the Malaysian ringgit, the stablecoin aims to bridge traditional finance with decentralized ecosystems. It promises faster settlements, lower transaction costs, and a regulated on-ramp for institutional capital—finally giving central bank digital currency projects a run for their money, assuming they ever launch.
The Treasury Blueprint
This isn't a side experiment. The Crown Prince's plan outlines a major sovereign crypto treasury initiative, allocating a significant portion of state-linked assets into digital holdings. Think Bitcoin, Ethereum, and select altcoins managed under a formal, transparent framework. The move positions Malaysia not just as an adopter, but as a strategic accumulator in the global digital asset race.
Why It Cuts Through the Noise
The announcement bypasses the usual tech-pioneer narrative and injects top-down legitimacy. It signals that digital assets are transitioning from fringe speculation to core sovereign strategy. For traders, it's a bullish signal on regional adoption. For skeptics, it's another reminder that while traditional finance debates regulations, capital is already voting with its wallet—often into wallets it doesn't fully control.
A cynical take? It's a brilliant hedge. While finance ministers globally fret over inflation and currency debasement, parking treasury reserves in hard-capped digital assets looks less like innovation and more like a very public vote of no confidence in the old system. The prince isn't just launching a coin; he's potentially shorting the legacy financial playbook.
The RMJDT Stablecoin Launched on Zetrix Plans to Drive Malaysia’s Digital Finance Innovation
According to the details shared by PR Newswire, a local news outlet, the initiative is led by Bullish Aim Sdn. Bhd., a company that is owned and chaired by the Crown Prince. The company introduced RMJDT, a stablecoin asset backed by the Malaysian ringgit. Currently, the token is issued on Zetrix, a Layer-1 blockchain that also powers the country’s national Malaysia Blockchain Infrastructure. So by launching on Zetrix, RMJDT becomes a part of Malaysia’s goal of evolving financial systems and improving trust in digital payments.
To ensure safety and proper testing, the stablecoin rollout is happening inside Malaysia’s regulated financial sandbox. An innovation that allows innovations like stablecoins, programmable payments, and other financial technologies to be tested under supervision before they are released into the country’s financial system.
According to the Crown Prince, the launch of the stablecoin is not only a technical experiment but also part of Johor state’s plan to follow through with Malaysia’s Digital Asset National Policy. This policy encourages the tokenization of real-world assets and the use of digital tools to support industries such as supply chain finance.
Alongside the launch of the RMJDT stablecoin, Bullish Aim has revealed its plans to build a Digital Asset Treasury Company. The treasury will hold about 500 million ringgit (equivalent to $121 million) worth of Zetrix tokens, and they have a long-term target of increasing it to one billion ringgit.
This treasury is meant to help stabilize gas fees for RMJDT transactions and support up to 10% of validator nodes on the national blockchain network. With this strategy, the Crown Prince aims to create a more predictable environment for digital payments and blockchain activity within Malaysia.
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