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Event Brief

DIGITAL RANDELAS: A New Rand-Backed Stablecoin Emerges

Luno teams up with Sanlam, EasyEquities, and Lesaka for Zaru, a rand-backed stablecoin. Will it succeed?
WHO: Luno, Sanlam, EasyEquities, Lesaka
WHAT: Launch of rand-backed stablecoin Zaru
WHEN: Feb 8, 2026 at 7:39 AM ET
WHERE: South Africa
WHY: To enhance the stablecoin market with a rand-backed option
Sources (1): Daily Maverick

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