Malaysia king’s son launches ringgit-backed stablecoin
Dec 9, 2025
< 1 min read
by Florence Muchai
for CryptoPolitan

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Malaysia's billionaire king's son announces the launch of a stablecoin, RMJDT, pegged to the Malaysian ringgit to enhance crypto adoption in the Asia-Pacific. The stablecoin aims to provide faster and more secure transactions for businesses and consumers.
Bullish
The eldest son of Malaysia’s billionaire king has unveiled plans to launch a stablecoin pegged to the Malaysian ringgit, joining the push for stablecoin use in the Asia-Pacific region. According to Bloomberg’s exclusive report, citing company officials on Tuesday, the new token, named RMJDT, will provide businesses and consumers with a faster and more secure […]

