Economy Bloomberg 78d ago

AirAsia Founder, Standard Chartered Exploring Ringgit Stablecoin

Market Intelligence Analysis

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Why This Matters

AirAsia and Standard Chartered are collaborating to develop a ringgit-backed stablecoin in Malaysia, following a similar announcement by a Malaysian royal.

Market Impact

Market impact analysis based on bullish sentiment with 74% confidence.

Sentiment
Bullish
AI Confidence
74%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The operator of AirAsia and the Malaysian unit of Standard Chartered have inked a deal to explore a ringgit-backed stablecoin in the Southeast Asian country, days after a Malaysian royal announced the launch of a similar token.

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Original article published by Bloomberg on December 12, 2025.
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