Johor Regent Unveils RMJDT Stablecoin to Boost Digital Economy

The Regent of Johor, Tunku Ismail Ibni Sultan Ibrahim, announced the launch of a Ringgit-backed stablecoin named RMJDT on Zetrix, a key Layer-1 blockchain supporting Malaysia’s national digital infrastructure. The announcement was made on December 9, 2025, in Johor Bahru, as part of Malaysia’s National Digital Asset Sandbox Initiative. The stablecoin aims to enhance the international use of the Malaysian Ringgit for cross-border trade settlements and to attract increased foreign direct investment (FDI) into the country.

The introduction of RMJDT aligns with global trends in tokenisation and supports Malaysia’s Digital Asset National Policy. This initiative is part of a broader governmental effort to integrate blockchain technology into the national economy, enabling smoother and more secure transactions across borders.

In conjunction with the RMJDT launch, Bullish Aim Sdn. Bhd. will establish a Digital Asset Treasury Company (DATCO) with an initial allocation of RM500 million in Zetrix tokens, with plans to expand this to RM1 billion. This treasury is modeled after successful global examples like MicroStrategy and Bitmine Immersion and is intended to maintain stable network gas fees for RMJDT transactions.

His Royal Highness emphasized the importance of the treasury, stating, “As the issuer of RMJDT, we view the establishment of a Zetrix-token treasury as a strategic necessity – both to support operational stability and to deepen alignment with the national blockchain.” This approach highlights Johor’s commitment to advancing digital innovation at the intersection of blockchain technology and national economic development.

The Digital Asset Treasury Company will also stake Zetrix tokens to support up to 10% of the validator nodes within the Malaysia Blockchain Infrastructure. This initiative aims to enhance the long-term resilience of national Web3 services while improving the security and efficiency of the blockchain ecosystem.

Zetrix is a public blockchain designed to facilitate smart contracts while delivering essential features such as privacy, security, and scalability. Developed by Zetrix AI Berhad, it aims to serve as a blockchain gateway for global trade, particularly through cross-border and cross-chain integration with China. This capability allows Zetrix to play a critical role in connecting governments, businesses, and citizens to a global blockchain-based economy.

Through these initiatives, Johor is not only embracing emerging technologies but also positioning itself as a leader in digital finance in the region. The collaborative efforts reflect a strong commitment to ensuring compliance, transparency, and national oversight within the framework of Malaysia’s approved sandbox environment.