Old Mutual Wealth and Inves Capital have announced they will be pumping liquidity into rand stablecoin ZARP.
The crypto token and supporting network will see “substantial liquidity” injected into it by the two companies. A monetary value wasn’t disclosed. The capital will also be used to promote ZARP’s use in decentralised finance protocols.
ZARP gives the rand superpowers, upgrading it to be compatible with the new world of programmable money
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