🇿🇦 ZARc Stablecoin Launches on Stellar 🚀💱
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The Stellar Development Foundation has unveiled ZARc, a stablecoin backed 1:1 by the South African rand — bringing one of Africa’s largest economies onto the blockchain.
📊 Why It Matters:
Sub-Saharan Africa processed $60B in remittances in 2024 — with fees up to 8%.
43% of African crypto transaction volume already comes from stablecoins.
Global stablecoin market: $255B+ — Africa is one of the fastest adopters.
⚡ ZARc on Stellar:
3–5 second settlements
Near-zero fees
Ideal for cross-border remittances, SME payments, and local trade.
💡 This isn’t “just another stablecoin” — it’s a targeted fix for one of the most expensive payment corridors in the world, strengthening Stellar’s role in financial inclusion.
❓ Could ZARc become the backbone of blockchain payments in Africa?
