xZAR Proof of Reserve Report

xZAR, South Africa’s oldest and most trusted stable coin is fully backed...

Since its inception in 2018, xZAR has been fully collateralised on a 1:1 basis with South African Rand.

These proof of reserve reports are provided to ensure users have the confidence that their xZAR is fully backed, tightly integrated, and at all times, redeemable for actual ZAR.

Mazars is a globally trusted name in auditing and advisory services and has built deep, crypto sector specific credentials, we are proud to have them as an independent auditor for our xZAR proof of reserve reports.

To see the latest report click here

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