mZAR Icon

$mZAR

mZAR is a South African Rand-backed stablecoin issued and administered by Mesh Trade South Africa (Pty) Ltd. Each mZAR token is fully collateralized 1:1 with ZAR held in segregated trust and SPV structures. The asset enables efficient digital transactions, cross-border settlements, and tokenized financial markets while remaining fully redeemable for fiat. On-chain transparency, daily reconciliation, periodic independent audits, and regulatory oversight by Mesh Trade SA support market confidence and operational integrity. mZAR is designed for both institutional and retail use across capital markets, payments, and fintech ecosystems where trusted, Rand-denominated digital value is required.

mZAR is a South African Rand-backed stablecoin issued and administered by Mesh Trade South Africa (Pty) Ltd. Each mZAR token is fully collateralized 1:1 with ZAR held in segregated trust and SPV structures. The asset enables efficient digital transactions, cross-border settlements, and tokenized financial markets while remaining fully redeemable for fiat. On-chain transparency, daily reconciliatio...

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Learn more about this asset directly from the issuer's website.

Market Cap

$200,161

56.47%from 30d ago

Price

$0.06

+0.08%from 30d ago

Holders

2,077

+1.17%from 30d ago

Monthly Transfer Volume

$789.56K

+322.13%from 30d ago

Monthly Active Addresses

1,201

18.91%from 30d ago

Stablecoins Metrics

Show % of Total

Key Facts

Name
mZAR
Ticker
mZAR
CUSIP
ISIN
Platform
Tokenization Type
Type
Manager
Asset Class
Underlying Assets
Eligible Investors
Inception Date
08/01/2021
Use Of Income
Accumulates
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$200,161
NAV
$0.06
Price
$0.0598
Token Supply
3,345,292.18
Circulating Supply
3,345,292.18
7D APY
30D APY
Holders
2,077
Trailing 30D Active Addresses
1,201
Monthly Transfer Count
2,740
Monthly Transfer Volume
$789,556

Tokens

Network
Type
Tokenization Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D Active Addresses
Monthly Transfer Volume
Monthly Transfer Count
Contract Address
Native
XRPL-MPT
3,345,292.18

Primary Market

Eligible Investors
Base Assets
Subscription Time
Instant
Min. Investment
Subscription Fees
0%
Subscription Description
Redemption Time
Daily
Minimum Redemption Amount
1
Redemption Fees
0%
Redemption Description
mZAR holders may redeem tokens for ZAR fiat subject to applicable KYC/AML requirements. Redemptions are processed via Mesh Trade SA or authorized partners through controlled off-chain settlement. Redemption requests follow established operational procedures, with fiat funds returned to the verified bank account of the holder.
KYC Description

Service Providers

Platform
Manager
Sub-Advisor

Custodian

Legal Identifier

Crypto Custodian
Fund Administrator
Traditional Broker
Crypto Broker
Auditor
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Mesh
Issuer LEI
Issuer CIK
Domicile
Netherlands Flag

Netherlands

Regulatory Framework
Dispute Resolution Country

South Africa

Account Segregation
Bankruptcy Remote
Deposit Insurance
Terms

Fees

Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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