⇑ ZAR Coin: The Promising Cryptocurrency Amid Growing Adoption in South Africa
Multiple reports outline advancements and events that hint at significant implications for ZAR Coin. Various rare coins and modern Krugerrands...
In recent cryptocurrency news, Zar, a stablecoin company, secured $7 million in funding in a round led by Dragonfly Capital, Andreessen Horowitz, and VanEck Ventures. In the meantime, South Africa's Boer War's 'unicorn' coin captured $2 million. Bitget has facilitated South African Rand deposits and withdrawals via Callpay. Proving noteworthy as well, a South African DeFi Startup, NeoNomad, has launched ZARCoin, a stablecoin pegged to the South African Rand (ZAR).
Amid these developments, the Telegram’s Toncoin has commenced operations on Altify, where investors can invest in TON with ZAR. This highlights a strengthening presence of cryptocurrency in South Africa, including the tokenization of South Africa's famed Krugerrands Collection. With an increasingly digital trend, CBDC recently released a design paper for the Digital Lilangeni CBDC, pegged to the South African Rand.
Additionally, platforms like Binance have enabled instant deposits for the South African Rand, and the first Rand stablecoin, ZARP, has gone live in South Africa. Finally, the cryptocurrency sector also contributes to entertainment as some of the best online casinos offer playing in ZAR.
ZAR Coin News Analytics from Wed, 02 May 2012 07:00:00 GMT to Tue, 17 Jun 2025 17:03:56 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor 4
