PRESS RELEASE | ZARU Becomes First African Stablecoin to Go Live on Arc Blockchain
ZAR Universal (ZARU), South Africa’s first institutional-grade rand (ZAR) stablecoin, is now live on Arc – and simultaneously launches as a founding currency pair on Circle StableFX, which enables 24/7 programmable onchain foreign exchange with fully-reserved stablecoins and instant settlement to simplify global digital currency conversions. Issued by BlockTower under licence from the Financial Sector Conduct Authority (FSCA), fully reserved and independently audited, every ZARU in circulation is backed one-to-one by South African rands (ZAR) held onshore. USDC, a fully-reserved, transparent […]
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- 2026-09-21 18:12 UTC
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- 2026-09-21 18:12 UTC
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- PRESS RELEASE | ZARU Becomes First African Stablecoin to Go Live on Arc Blockchain
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Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
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BitKE reported the item at 2026-09-21T12:00:18.000Z.
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This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
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