DeFi· ★★· bullish·

Rand-backed stablecoin ZARsc launches on Solana

  • —ZARsc is pegged to the South African rand and runs on Solana
  • —Issuer Supercoinxyz holds a license from regulator FSCA
  • —Custodian is Fireblocks, transaction screening is by Chainalysis
Why it matters: It expands the supply of fiat stablecoins on Solana and could attract liquidity and new DeFi projects to the network.
#SOL
Source: Coinfomania
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