ZARP Stablecoin 

ZARP Price

What is ZARP Stablecoin (stablecoin)?

ZARP is a fully collateralized digital asset pegged one-to-one to the South African Rand (ZAR). It functions as a crypto-native stablecoin with its fiat treasury reserves managed by Old Mutual Wealth, designed to bring the South African fiat currency onto programmable networks.

How is the ZARP peg maintained?

Full fiat collateralization ensures the ZARP stablecoin maintains its parity with the South African Rand. The underlying treasury reserves backing the token are managed and audited by Old Mutual Wealth, ensuring each minted token corresponds to actual fiat reserves.

On which blockchains is ZARP deployed?

Smart contracts on the Ethereum and Solana networks power the ZARP token. The Ethereum contract address is 0x8cb24ed2e4f7e2065f4eb2be5f6b0064b1919850, and the Solana contract is dngkhbqm3bgvsdhkhrlnjvrkfy5q7genygtoj9lk8rk, both verifiable on their respective block explorers.

Does ZARP have a fixed maximum supply?

An elastic supply model governs ZARP, meaning it has no fixed maximum cap. The total circulating amount expands or contracts dynamically based on user minting and redemption activity, so the exact supply figure fluctuates continuously.

Why was ZARP introduced?

Open, crypto-native financial rails for the region motivated the launch of ZARP as the first digital asset pegged to the South African Rand. By tokenizing this widely traded fiat currency, the project enables users to transfer Rand value across global blockchain networks.