ZAR Coin is experiencing significant growth backed by prominent investors with a $7 million funding round, led by
Dragonfly Capital,
Andreessen Horowitz, and
VanEck Ventures. The rising value of rare SA coins, to which ZAR Coin is pegged, has contributed to the coin's current boom. The coin has been brought further into the mainstream as multiple platforms such as Bitget and Binance have enabled
South African Rand Deposits and Withdrawals. Local stores now have the ability to accept stablecoins, thanks to an investment from
A16z and Dragonfly, which is set to disrupt the local economy. Binance also recently enabled an Instant Deposits feature for the
South African Rand (ZAR). Further developments such as
South Africa's famed Krugerrands collection set to be tokenized and South African Rand seesawing against a buoyant dollar shows a rapidly evolving market and promising time ahead for the ZAR Coin. Additionally, ALTIFY listed the
top performing Memecoins of 2024 for South Africans, adding value to the crypto market in the region. The ZAR Coin is predicted to be positively affected by this burgeoning interest in the 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 8
- Innovation 9
- Information 7
- Rumor -6
