ZAR Coin token
Overview
ZAR Coin is a stablecoin pegged to the South African Rand (ZAR). It is an ERC-20 token designed for use in transactions and decentralized finance applications within South Africa.
Within the DeFi Intel graph, ZAR Coin connects to 4 tracked entities, most strongly to ZARP Stablecoin, Ethereum, Polygon.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | ZARP Stablecoin | 95% |
deployed_on | Ethereum | 90% |
deployed_on | Polygon | 90% |
backed_by | ZAR Cash Deposits | 90% |
Frequently asked questions
What is ZAR Coin?
ZAR Coin is a stablecoin pegged to the South African Rand (ZAR), designed for use in transactions and decentralized finance applications within South Africa.
What chain is ZAR Coin deployed on?
ZAR Coin is deployed on Ethereum and Polygon as an ERC-20 token.
Who issues ZAR Coin and what backs it?
ZAR Coin is issued by ZARP Stablecoin and is backed by ZAR Cash Deposits.