Luno, Sanlam Specialised Asset Management, EasyEquities, and Lesaka have announced the launch of ZAR Universal (ZARU), a new Rand-backed stablecoin. They describe ZARU as an institutional-grade ...
EasyEquities is South Africa’s most popular online investment platform, offering easy access to the assets favoured by South African investors. This is according to Daily Investor’s 2026 South African ...
EasyEquities has successfully commenced the onboarding of live users into its Global Stocks offering in the Philippines. The South African company is launching this offering in partnership with GCash, ...
Luno is making another stablecoin bet, but at least its not with a gambling company this time. The crypto exchange launched Zaru (ZAR Universal), a rand-pegged stablecoin backed by a consortium that ...
South Africa has entered the digital-currency era with the launch of Zaru, the country’s first institutional-grade stablecoin pegged to the rand. The launch marks a major step in modernising the ...
Are stablecoins one of the biggest blockchain use cases? It appears so. While crypto traders are high on “hopium,” expecting the best out of the current bear market, big moves are being made in South ...
And it seems there is more to come. Despite (and perhaps because of) current macroeconomic volatility and policy uncertainty in the African fintech, and telecommunications, media and technology (TMT) ...
Many journeys to the cloud hit a wall because of culture, not technology. Industry data suggests that up to 70% of cloud adoption friction is non-technical, instead being affected by organisational ...
A consortium of South African financial and fintech firms has introduced ZAR Universal (ZARU), an institutional-grade stablecoin pegged to the South African Rand. According to a statement, ZARU aims ...
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Financial institutions launch rand-backed stablecoin
ZARU’s reserves are independently audited monthly, ensuring transparency and stability for institutional participants. (Image created using GenAI via ChatGPT) A consortium of South African financial ...
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Today marks the launch of ZAR Universal (ZARU), a new institutional-grade stablecoin pegged to the value of the South African Rand. ZARU is designed to modernise payment and financial infrastructure, ...
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