ZAR Supercoin is South Africa’s latest rand stablecoin
South Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR Supercoin is the second rand-based stablecoin to be launched after ZARP, which was developed by Inves Capital. ZAR Supercoin’s backer is a company called…