# ZARP Stablecoin > South African rand at internet speed ZARP Stablecoin provides a cryptocurrency pegged to the South African Rand, enabling users to transact with blockchain efficiency while maintaining ZAR price stability. ZARP Stablecoin offers a fully collateralized cryptocurrency pegged 1:1 to the South African Rand, managed by Inves Capital with treasury reserves held by Old Mutual Wealth. Users can transact in ZAR-denominated value across multiple blockchain networks including Base, Ethereum, Polygon, and Solana while benefiting from 24/7 availability, low transaction fees, and programmable money features unavailable in traditional banking systems. - Type: Company - Sector: Payments - Status: Active - Founded: 2021-11-01 - Profile: https://thegrid.id/profiles/zarp_stablecoin ## Products - [ZARP Stablecoin Issuance](https://thegrid.id/profiles/zarp_stablecoin): A stablecoin issuance platform providing fully collateralized ZAR-pegged tokens backed 1:1 by treasury reserves managed by Old Mutual Wealth, with monthly independent audit attestations and native deployment across EVM and non-EVM blockchains. (Stablecoin Issuer, Live, Main Product) ## Assets - [ZARP Stablecoin (ZARP)](https://thegrid.id/profiles/zarp_stablecoin): ZARP is a ZAR-pegged stablecoin with treasury reserves managed by Old Mutual Wealth. It is used for payments, remittances, and as collateral in DeFi applications across multiple blockchains including Base, Ethereum, Polygon, and Solana. When users redeem ZARP for fiat currency, an equal amount of tokens is burned to maintain the 1:1 peg, ensuring every token is always redeemable for exactly one Rand. (Stablecoin) ## Links - [Main](https://zarpstablecoin.com) - [Documentation](https://docs.zarpstablecoin.com) - [Terms of Service](https://www.zarpstablecoin.com/zarp_tos.pdf) - [Twitter / X](https://x.com/ZARP_cash) - [Discord](https://discord.gg/kNqe8qeHyQ) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP