ZAR Coin, a stablecoin launched by South African DeFi startup, NeoNomad, is pegged to the South African Rand. Despite Bitcoin hitting record highs in African currencies, Binance has delisted all South African
Rand Trading pairs due to low liquidity volumes, however, instant deposits for the South African Rand have been enabled.
Altify launches new cryptocurrencies including Memecoin and Real World Asset, offering investment opportunities in PEPE, WIF, ENA, and TAO with ZAR. The
BRICS Bank has issued ZAR bonds and aims to use local currencies. Adoption of cryptocurrency is on the rise in South Africa, with the South African exchange VALR launching BTC and USDT futures trading against the ZAR. Binance added South African Rand fiat gateway, and several digital wallets and exchanges, like Xago, PayCorp, and Neoxa, have integrated support for the ZAR. South Africa's
Old Mutual Wealth aims to provide deep liquidity to emerging capital markets for the Rand ZARP Stablecoin. Regulatory advancements are also taking place with South African crypto exchange, AltCoinTrader, receiving licences from FCSA and Luno listing the USDC as the first stablecoin on their platform.
ZAR Coin News Analytics from Tue, 29 Apr 2014 07:00:00 GMT to Wed, 31 Jul 2024 07:00:00 GMT -
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- Innovation 2
- Information 8
- Rumor -3
