TD Markets Exchange has launched ZARC Coin, a South African Rand-pegged stablecoin on the Stellar network, in partnership with Shift Markets. The asset offers up to 7.5% APY and enables cross-border payments, remittances, and wealth preservation with 24/7 liquidity and local on/off ramps.
TD Markets Exchange (TDME), a South African broker, has introduced ZARC Coin—a 1:1 South African Rand-pegged digital asset built on the Stellar network in collaboration with Shift Markets. ZARC Coin is a permissionless, yield-bearing stablecoin designed to facilitate cross-border payments, remittances, global payouts, and wealth preservation, offering holders returns of up to 7.5% APY. The asset benefits from 24/7 institutional-grade liquidity, local on/off ramps for easy currency conversion, merchant tooling for payroll and acceptance, and customizable platform controls for compliance. TDME's CEO highlighted Stellar's ecosystem reach across 170+ countries and decade-long track record as ideal for serving enterprises, NGOs, merchants, and consumers in emerging markets where traditional financial infrastructure is limited.
