BlockTower retweeted
ZARU is live on @arc.
As a founding currency pair on @circle StableFX, the ZARU/USDC pair now trades onchain, 24/7, in fully reserved stablecoins with near-instant settlement.
How it works: the ZARU/USDC pair executes through StableFX's Request-for-Quote engine and settles atomically on Arc.
Both legs of a trade settle together, or neither does. That manages the counterparty risk carried by traditional FX, where ZAR settlement has depended on correspondent banking and limited trading windows.
The evidence behind the pair:
✅️ Issued by @BlockTowerTech under FSCA licence
✅️ Fully reserved and independently attested monthly
✅️ Backed one-to-one by rand held onshore in South Africa
@LunoGlobal is the primary exchange venue for @ZARUniversal /USDC liquidity, bringing regulated trading infrastructure and an institutional client base to the network.
Investing in Crypto assets may result in the loss of capital. BlockTower SA (Pty) Ltd is an authorised FSP (55172).
BlockTower retweeted
With @ZARUniversal now live on @arc™, South African businesses and individuals can move digital rands globally, faster and more transparently 🌍🇿🇦
From cross-border payments and international settlements to spending and digital investing, ZARU opens up new ways to use the rand in a connected digital economy. No waiting, no unnecessary intermediaries.
Check out on this video to see what you can do with ZARU
More on the ecosystem: arc.io · @arc
Arc is a trademark of Circle Internet Group, Inc. and/or its affiliates. Investing in Crypto assets may result in the loss of capital. BlockTower SA (Pty) Ltd is an authorised FSP (55172).
BlockTower retweeted
What could institutional stablecoins look like in emerging markets?
At the very end of #LIDAC KL 2026, we’ll take a closer look at the @ZARUniversal ( $ZARU ) — a South African Rand-denominated stablecoin initiative developed through a collaborative framework involving BlockTower, regulated banking partners, and licensed asset managers.
The last session will offer an observational view of how financial institutions and digital asset platforms are working together to develop 24/7 liquid settlement infrastructure on public blockchains.
Speaker: Vighnesh Patel – CEO, @BlockTowerTech
Host: Roshan Kanesan – Producer & Presenter, @BFMradio
Explore the practical considerations behind institutional stablecoins, cross-border payments and central bank innovation across emerging markets.
🎟️ Join us for the final session at #LIDAC KL 2026. Secure your pass: lidac.io
BlockTower retweeted
What is @arc, and what does it make possible for South African users?
Arc™ is an open Layer-1 blockchain purpose-built for financial markets and real-time money movement.
Think of Arc as giving a rand-pegged stablecoin like @ZARUniversal a passport. The rand stays the rand – South African, trusted, regulated, onshore – but now it can travel at the speed of the internet.
Learn more about ZARU on Arc: zaru.network/blog/zaru-goes-…
Explore the ecosystem: arc.io · @arc
Arc is a trademark of Circle Internet Group, Inc. and/or its affiliates. Investing in Crypto assets may result in the loss of capital. BlockTower SA (Pty) Ltd is an authorised FSP (55172).
BlockTower retweeted
On-chain Rand, without the friction.
@ZARUniversal brings institutional ZAR on-chain, and moving between ZAR and ZARU on @LunoGlobal is a simple 1:1 swap, zero fees, and instant.
For traders: Select Buy → Select Crypto → Choose ZARU. Enter the amount from your ZAR wallet. Review the quote, zero fees shown.
For developers using the API: Use the Convert endpoint in the Luno API.
Stable value, Rand-denominated, settling at the speed of crypto.
BlockTower retweeted
We are excited to announce that @ezeebit has integrated @ZARUniversal into its merchant payment infrastructure, adding a rich ecosystem for commerce partners you can pay and be paid in $ZARU.
As the merchant base grows, more real-world transactions are being settled in $ZARU, reinforcing its role as a functional, bank-backed digital asset for payments.
More platforms. More merchants. One $ZARU.
BlockTower retweeted
Stablecoins are becoming the infrastructure layer for how money moves globally.
At LIDAC KL 2026, our penultimate panel examines stablecoins from both local and global perspectives, from the live BNM-sanctioned ringgit pilots to how Malaysia’s approach stacks up against Singapore, Hong Kong, and the EU.
Our speakers will share hard-won learnings from recently launched local-currency stablecoins, and what it takes to move from pilot to real-world infrastructure.
Panelists including:
Gerard Ang — Head, Financing & Securities Services (Malaysia), @StanChart
Eddy Christian Ng — Expansion Lead, @tether
Vighnesh Patel — CEO, @BlockTowerTech
Moderated by @Vincent_FongKw — Chief Editor, @FintechNewsMy
If you work across banking, investment, treasury, or compliance, this is an event worth making time for.
Members of @theaicb, @FiMMOfficial, and @cpaaustralia can claim CPD points for attending.
Secure your spot or learn more at lidac.io
BlockTower retweeted
Spend crypto like cash. Nearly everywhere.
With Luno Pay, you can use your crypto for everyday purchases at close to one million merchants across South Africa.
Your crypto is converted instantly at the point of payment, with zero transaction fees. Pay with @ZARUniversal and earn 15% back in @tethergold every time you spend.*
Dinner. Groceries. Online shopping. All from the @LunoGlobal app.
Start paying with crypto today: bit.ly/4zcx1O9
*This Luno Pay rewards campaign runs from 1 June 2026 to 31 January 2027. Terms & conditions apply.
BlockTower retweeted
PRESS RELEASE 🇿🇦 | ZARU, the First Institutional-Grade Rand Stablecoin, Gets Listed on Luno Crypto Exchange
BlockTower, the regulated issuer of $ZARU, its Rand-backed stablecoin, has announced that Luno Global has listed
$ZARU / $USDT, and
$ZARU / $USDC
trading pairs.
This is the first time an institutional-grade ZAR stablecoin has listed on a large, regulated crypto exchange, giving the Rand its first continuous, on-chain secondary market – available 24/7 on Luno’s exchange – and its first direct on-chain link to the world’s two largest dollar stablecoins.
BlockTower has partnered with Currency Hub, an authorised Financial Services Provider and Crypto Asset Service Provider regulated by the Financial Sector Conduct Authority, as ZARU’s dedicated market maker, who will quote two-way prices on the ZARU exchange-listed pairs.
bitcoinke.io/2026/08/zaru-ge…
@ZARUniversal @LunoGlobal #RandStablecoins #ZARUPairs
BlockTower retweeted
In the first panel session of #LIDAC KL 2026, we will bring together leaders from across the institutional digital asset spectrum to assess the current state of adoption — from spot ETFs and regulated fund products to institutional-grade infrastructure and emerging market dynamics.
The session will examine what's driving institutional conviction in 2026, where ASEAN sits in the global adoption curve, and what the next 12 months hold for institutional digital asset products and services.
Speakers:
Liew Ooi Hann – Founder & CEO, @HalogenCapital
Aleks Andjelopolj – Chief Commercial Officer, @BlockTowerTech
Jeff Yew – CEO, Monochrome Asset Management
Moderated by Roshan Kanesan, Producer & Presenter, @BFMradio
Don't miss this opportunity to gain insights from the industry's leading voices.
Get your pass today: bit.ly/4wBvO1h












