logo

Stablecoin Startup ZAR Raises $12.9 Million in Funding Round Led by a16z

By: theblockbeats.news|2025/10/28 11:15:56

BlockBeats News, October 28th, according to Bloomberg, stablecoin startup ZAR has raised $12.9 million in a new funding round, led by a16z, with participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures, and Endeavor Catalyst.


ZAR aims to leverage Pakistan's ubiquitous phone kiosks, convenience stores, and money agents to test a dollar-backed digital currency in everyday life. ZAR launched its platform earlier this year. Users can walk into local stores, scan a QR code, and exchange cash for digital dollars in their mobile wallets. The idea is that they can then use these digital currencies in stores without needing to understand stablecoins or blockchain technology. The startup has stated that its wallet is linked to a globally accepted Visa card.

Some Solana Ecosystem Meme Coins saw significant gains today, with CHILLHOUSE surging over 130% in a single day.
Coinbase to List deBridge (DBR) for Spot Trading

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

09:28

Bastion announces providing Sony Bank with stablecoin issuance, reserve management, and custody services

09:25

The UK government is considering banning cryptocurrency for political donations to avoid foreign interference

09:23

Federal Reserve Governor Bowman: Seeking to Establish New Rules for Banks and Stablecoins to Ensure Fair Competition

09:20

Sahara Official Denies "Token's Sharp Decline Due to Market Maker Liquidation"

08:58

Unlimit Launches Stablecoin Decentralized Clearing Platform Stable.com

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]