According to Odaily Planet Daily, South African hybrid trading platform Neonomad is about to launch a stablecoin Zarcoin pegged to the South African rand. This stablecoin will meet the needs of unbanked and banked South Africans, using Solana Pay for instant and low-cost transactions.
Hanres Beukes, CEO of Neonomad, described Zarcoin as a tool for users to control their finances and said the innovative stablecoin embodies a seamless integration of regulatory security and decentralization.
