According to Bitcoinnews, South African fintech startup Neonomad will launch a stablecoin Zarcoin (ZARC) pegged to South Africa's currency, the South African Rand, aiming to bridge the gap between traditional finance and crypto finance and promote local and cross-border transactions. It is reported that Zarcoin will use Solana Pay for instant and low-cost transactions. In addition, Neonomad also plans to launch an educational program to promote the use of cryptocurrencies in South Africa.