Mesh — Regulated Stablecoin Issuer

Stablecoin Regulation Tracker

Countries Issuers Currencies Blockchains α

MeshOfficial Name: Mesh Trade South Africa (Pty) LtdCountry: South AfricaDigital capital markets platform and stablecoin issuer; part of the broader 42Markets Group. Issues mZAR (fully-backed ZAR stablecoin) and yZAR (yield-bearing ZAR stablecoin), with reserves held in a bankruptcy-remote SPV called Mesh Mint (RF) (Pty) Ltd.Licenses:

Crypto Asset Service Provider (CASP) License

Financial Services Provider (FSP) — Category I

Financial Services Provider (FSP) — Category II

Accountable Institution Registration (FICA)

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