South African Firms Launch a Local Currency-Backed Stablecoin
Bitcoin.com - 2/5/2026 5:31:42 AM - GMT (+0 )
Bitcoin.com - 2/5/2026 5:31:42 AM - GMT (+0 )
[unable to retrieve full-text content]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 […]
read more
read more


