ZAR secures 12.9 million to boost stablecoin use
ZAR, a Pakistani fintech startup, has raised 12.9 million. The funds will accelerate dollar stablecoin adoption in emerging markets. The company aims to make stablecoins easy to buy hold and use.
Investors backing the round include notable names. The round was led by a16z . Other backers bring crypto market expertise. This support gives ZAR scale and strategic reach.
ZAR wants to offer a stable alternative to fragile local currencies. The product will help people protect savings from inflation. It will also cut costs for cross border transfers. Users should be able to send money quickly without high fees.
