ZARP Stablecoin (ZARP)
CryptoScore Pro global score : 58/100 (computed on 2026-10-29)
ZARP is a fiat-backed stablecoin pegged to the South African Rand (ZAR), issued as an ERC-20 token on Ethereum. Its positioning is narrow and specific: it offers a rand-denominated digital unit to users and applications that need exposure to the South African currency without holding a traditional bank account in rand. The project is classified under the Stablecoins category, with additional tags linking it to the Ethereum, Base, Polygon and Solana ecosystems, which indicates a multi-chain deployment strategy. The relevance of the asset lies less in its scale, which remains small, than in its role as one of the few on-chain instruments referenced to a non-dollar African currency. The verified contract address 0xb755506531786c8ac63b756bab1ac387bacb0c04 is identical on Base, Ethereum and Polygon PoS, and the data set records a separate Solana address, dngKhBQM3BGvsDHKhrLnjvRKfY5Q7gEnYGToj9Lk8rk. The Ethereum contract is verified and the token is a proxy contract, meaning its logic can be upgraded by the controlling party while the address remains constant. The contract was deployed on 31 March 2023. The source repository is published on GitHub under the venox-digital-assets…
Scores by pillar
| Technology | 53/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 58/100 |
| Adoption | 35/100 |
| Liquidity | 50/100 |
| Compliance | 75/100 |
Market data
| Price | $0.05961 |
|---|---|
| Market cap | $4.72M |
| 24h volume | $421,164.13 |
| Market cap rank | #1798 |
| 24h change | +0.41% |
| 7d change | -0.81% |
| Blockchain | Ethereum |
| Sector | Ethereum (ETH) Token (ERC-20) |
Analysis
ZARP is backed by fiat reserves, i.e. state-issued currencies. This stablecoin pegged to the South African rand runs on Ethereum and other chains. Its proxy contract allows technical updates. The token serves as a digital unit to gain exposure to the rand without a traditional bank account. Adoption remains modest.