ZAR Supercoin

ZAR Supercoin (ZARSC) is a Rand-backed stablecoin issued by Super Money SA (Pty) Ltd, a Crypto Asset Service Provider licensed by South Africa's Financial Sector Conduct Authority under FSP number 53458. Each token holds a one-to-one value relationship with the South African Rand and is redeemable at par through the issuer. Reserves are held in segregated accounts at Absa Bank Limited and are subject to a monthly independent agreed-upon-procedures engagement by Moore Blockchain and Digital Assets JHB (Pty) Ltd, with every report published at supercoin.co.za/assurance-reports. ZARSC operates on Solana as a Token-2022 mint with six decimals.