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Malaysia king’s son launches ringgit-backed stablecoin


Malaysia king’s son launches ringgit-backed stablecoin

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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.

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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 […]
Read the article at CryptoPolitan

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