---
title: "ZARP Stablecoin (ZARP) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/zarp-zarp/"
description: "Build-time stablecoin profile for ZARP Stablecoin (ZARP). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# ZARP Stablecoin (ZARP)

**Peg:** South African Rand

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

Old Mutual Wealth holds 100% ZAR backing with Kempen audits — the only regulated on-chain rand, but relevance is the question, not credibility.

ZARP is backed 100% by ZAR in a treasury managed by Old Mutual Wealth — one of Africa's largest financial institutions — independently audited by Kempen via periodic {{term:attestation}}attestation{{/term}}, with institutional-regulated {{term:custody}}custody{{/term}} and an FSCA CASP license still pending. Deployed across Ethereum, Base, and Polygon, the infrastructure is sound but adoption has plateaued despite genuine demand for stable local-currency rails in a country where the rand regularly loses ground to the dollar. South African crypto regulation remains in perpetual draft mode, and ZARP's problem isn't credibility — it's relevance in a market that hasn't yet decided whether local-currency stablecoins solve a problem or just add complexity to existing USD pairs. For the small audience that needs on-chain ZAR exposure with direct {{term:redemption}}redemption{{/term}} into ZAR, ZARP is the only regulated option; for everyone else, USDC denominated in dollars remains simpler.

## Collateral

South African rand cash reserves held 1:1 in a treasury managed by Old Mutual Wealth, independently audited by Kempen Audit

## Peg Mechanism

Mint/burn 1:1 with ZAR through ZARP Stablecoin (Pty) Ltd issuing partners; reserves may not be used for any purpose other than redemption

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| South Africa | FSCA | CASP license pending |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0xb755506531786c8ac63b756bab1ac387bacb0c04` | 18 |
| base | `0xb755506531786c8ac63b756bab1ac387bacb0c04` | 18 |
| polygon | `0xb755506531786c8ac63b756bab1ac387bacb0c04` | 18 |
| solana | `dngKhBQM3BGvsDHKhrLnjvRKfY5Q7gEnYGToj9Lk8rk` | 6 |
| solana | `8v8aBHR7EXFZDwaqaRjAStEcmCj6VZi5iGq1YDtyTok6` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/zarp-zarp.