ZARP Stablecoin (ZARP) stablecoin analytics
ZARP is a centralized South African Rand stablecoin, redeemable 1:1 against ZAR cash reserves held in treasury at Old Mutual Wealth.
Static Profile
Static stablecoin profile
ZARP Stablecoin (ZARP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg South African Rand.
AI summary / Updated Aug 8, 2026
ZARP is backed effectively one-for-one by rand cash — the overwhelming bulk in an Old Mutual Wealth trust account, a sliver at Standard Bank — and remains the only meaningfully documented on-chain rand. This release moves the score without moving the grade: nine Kempen reports...
AI summary · drafted by claude-opus-5[1m] · facts as of Aug 8, 2026
- 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
- South Africa / FSCA / CASP license pending
- Proof Of Reserves
- Independent Audit by Kempen Audit (restricted-use agreed-upon-procedures reports that state they are not an assurance engagement; observed publication history is irregular — roughly quarterly to early 2025, then ~5-month gaps — so no fixed cadence is claimed) Reserve source
Snippet Answer
Is ZARP safe?
Pharos does not mark ZARP as absolutely safe. Static metadata says ZARP Stablecoin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Kempen Audit (restricted-use agreed-upon-procedures reports that state they are not an assurance engagement; observed publication history is irregular — roughly quarterly to early 2025, then ~5-month gaps — so no fixed cadence is claimed); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety zarp-zarp
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Aug 8, 2026.
ZARP quick answers
What is ZARP Stablecoin (ZARP)?
ZARP is a centralized South African Rand stablecoin, redeemable 1:1 against ZAR cash reserves held in treasury at Old Mutual Wealth. The static profile records its South African Rand peg mechanism as: Mint/burn 1:1 with ZAR through ZARP Stablecoin (Pty) Ltd issuing partners; reserves may not be used for any purpose other than redemption
Is ZARP safe?
Pharos does not mark ZARP as absolutely safe. Static metadata says ZARP Stablecoin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Kempen Audit (restricted-use agreed-upon-procedures reports that state they are not an assurance engagement; observed publication history is irregular — roughly quarterly to early 2025, then ~5-month gaps — so no fixed cadence is claimed); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs ZARP?
Pharos classifies ZARP backing as Real-World Asset Backed. Collateral, per the static profile: South African rand cash reserves held 1:1 in a treasury managed by Old Mutual Wealth, independently audited by Kempen Audit Reserve evidence: Independent Audit from Kempen Audit (restricted-use agreed-upon-procedures reports that state they are not an assurance engagement; observed publication history is irregular — roughly quarterly to early 2025, then ~5-month gaps — so no fixed cadence is claimed).
Can ZARP be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for ZARP, when applicable, appear in the dossier below.