The system removes the need for clients to coordinate every transaction via email, according to Luno, a founding partner of BlockTower and ZARU. Luno described the Oct. 5 launch as a step toward establishing professional institutional rails for the rand.
Wednesday, October 21, 2026
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BlockTower Launches Self Service Portal for Institutional ZARU Issuance
Crypto16 days ago
Qualified institutions can now mint and redeem ZARU stablecoins without manual coordination by using a new automated portal launched by BlockTower. The Issuance Platform allows verified users to fund a bank account and receive ZARU assets directly in their digital wallets upon settlement, or liquidate the assets back into South African rand.
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