BlockTower — Regulated Stablecoin Issuer

Stablecoin Regulation Tracker

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BlockTowerOfficial Name: Loop South Africa Proprietary Limited (trading as BlockTower / BlockTower South Africa (Pty) Ltd)Country: South AfricaZAR Universal (ZARU) is South Africa's institutional rand stablecoin. BlockTower (FSCA FSP 55172 / CASP) is the issuer of record. Sanlam Specialised Asset Management manages onshore rand reserves held at Standard Bank; Moore Johannesburg provides monthly independent attestations. Institutional distribution and secondary liquidity via Luno Global and EasyEquities. On 21 September 2026 ZARU went live on Circle Arc as a founding StableFX pair with USDC.Licenses:

Authorised Financial Services Provider — Category I (crypto-asset / CASP authorisation under FAIS)

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