According to Bloomberg, Ismail Ibrahim, a member of the Johor Royal Family in Malaysia, has launched a Malaysian Ringgit-pegged stablecoin RMJDT through his company Bullish Aim. The stablecoin will be fully collateralized with Malaysian Ringgit cash and short-term Malaysian government bonds and issued on the Zetrix chain, aiming to become the local standard for crypto payments. Malaysia has recently adopted a more positive stance toward virtual assets, with Anwar expressing hopes to promote responsible innovation. Bullish Aim also plans to invest 500 million MYR (approximately $121 million USD) to establish a digital asset treasury, with an initial investment in Zetrix tokens. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53226