Malaysia’s Royal Stablecoin Signals Asia’s Shift Toward Regulated Tokenized Money

Malaysia has launched RMJDT, a royal stablecoin pegged to the ringgit and backed by cash deposits and short-term government bonds, positioning it as strategic infrastructure for tokenized money in Asia. The initiative marks a shift from pilot experimentation to production-grade, locally denominated digital money designed for faster, lower-cost cross-border payments with regulatory compliance and reserve […]