ZAR Coin is gaining traction in the crypto market as it secures a whopping
$7 million funding from notable companies like
Dragonfly Capital, Andreessen Horowitz, and VanEck Ventures. This is a remarkable step for this stablecoin company spearheaded by the former SadaPay CEO.
South Africa's Boer War \"unicorn\" coin also gained significant interest fetching
$2 million. Global crypto exchanges like
Bitget and Binance have enabled
South African Rand (ZAR) Deposits & Withdrawals, adding a layer of convenience for South African traders. In addition, cryptos like Onyxcoin (XCN) and Toncoin (TON) are emerging as potential outperformers in the market and can be invested using ZAR. This growth in the South African crypto ecosystem is further evident with the launch of ZARCoin, a
stablecoin pegged to the South African Rand (ZAR) by NeoNomad, a South African DeFi startup. Despite the regulations around cryptocurrency in South Africa, its adoption is growing.
Cryptocurrency is reshaping the finance and innovation landscape with NFT marketplaces tokenizing rare ZAR proof coins and Krugerrands worth millions. However, the volatility in the price of Bitcoin against South African rand continues to create opportunities for high profits with Bitcoin nearing the BTC/AUD all-time high amid a market surge. All these developments point towards a prosperous future for the South African crypto market.
ZAR Coin News Analytics from Sun, 02 Sep 2012 07:00:00 GMT to Mon, 28 Jul 2025 10:05:49 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -3
