[Malaysian Royal Family Member Launches Ringgit-Pegged Stablecoin RMJDT] According to a report by Bloomberg, Ismail Ibrahim, the eldest son of Malaysia's King Sultan Ibrahim Iskandar, has announced the launch of a stablecoin called RMJDT, which is pegged to the Malaysian Ringgit. According to sources, this stablecoin will be backed by local currency cash deposits and short-term Malaysian government bonds.