One of South Africaโs largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin projectโs cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the countryโs oldest financial services companies will help bolster confidence in the digital currency. Enhancing Credibility of the Stablecoin The South African financial services giant Old Mutual has reportedly been designated the manager of the cash reserves of the local currency-backed stablecoin โ the zarp. By appointing Old Mutual, one of the oldest wealth management companies…
Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves โ Emerging Markets Bitcoin News
