Zar, a stablecoin company, has successfully collected $7 million in investment from Dragonfly Capital, Andreessen Horowitz, and VanEck Ventures. They are making strides in the market alongside Bitcoin, which is also gaining in popularity in South Africa. Polygon's Matic token is performing well, too, as is ADA, the cryptocurrency from Cardano.
South Africa’s ZARP Stablecoin has gained a new partner in Old Mutual, a leading financial management company. Despite the progress, Binance has delisted all South African Rand (ZAR) trading pairs due to low liquidity volumes. An NFT marketplace, Momint, has tokenized R18m worth of
Krugerrands.
Binance, however, has enabled instant deposits for the South African Rand (ZAR). Cryptocurrency adoption continues to rise, reshape finance, and drive innovation. Elon Musk, however, has bet on Dogecoin instead. The value of RSA coins, especially the old ones, is skyrocketing; a single '9'
Kruger Pond coin is now valued significantly higher.
Binance in South Africa is offering cryptocurrency trades for AUD,
Bitcoin, and even meme coins, while other exchanges like VALR and Luno are constantly matching each other's Bitcoin trading volumes. Xago, the South African exchange, has even extended its business to Nigeria, offering digital ZAR. However, XRP has been flagged for a potential drop in value.
ZAR Coin News Analytics from Wed, 02 May 2012 07:00:00 GMT to Mon, 02 Jun 2025 07:35:21 GMT -
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