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South African Firms Launch a Local Currency-Backed Stablecoin
South African Firms Launch a Local Currency-Backed Stablecoin South African Firms Launch a Local Currency-Backed Stablecoin – Africa Bitcoin News South …
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Cryptocurrency News | Cryptocurrency Prices | Market CapSouth African Firms Launch a Local Currency-Backed Stablecoin
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has unveiled ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the South African rand. The partners describe […]
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