Key Takeaways
- ZAR, founded in 2024 by Brandon Timinsky and Sebastian Scholl, aims to enable cash-to-stablecoin exchanges at corner stores globally, targeting cash-heavy emerging markets to facilitate cross-border payments using stablecoins like USDT and USDC.
- The company raised $7 million in a 2025 funding round led by Dragonfly Capital, Andreessen Horowitz, and VanEck Ventures, with participation from Coinbase Ventures and the co-founders of Solana. It has attracted 100,000 waitlist users and 7,000 vendors across 20 countries, with a planned launch scheduled for summer 2025.
- ZAR leverages a network of 28 million mobile money agents to create a decentralized cash-to-stablecoin exchange, enabling users to convert local currency into digital dollars through a user-friendly wallet and debit card. Vendors earn margins on exchange rates, while ZAR collects transaction fees.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is ZAR?
ZAR is a startup founded in 2024 by Brandon Timinsky and Sebastian Scholl, aiming to accelerate stablecoin adoption in emerging markets by enabling cash-to-stablecoin exchanges at local stores.
In late April 2025, ZAR raised $7 million in a seed round led by Dragonfly Capital, Andreessen Horowitz (a16z), and VanEck Ventures, with participation from Coinbase Ventures and Solana blockchain co-founders. The funds will expand Zar’s team, open new offices, and develop its platform, with a planned launch by summer 2025.
How To Qualify For An Airdrop?
To join:
👉 STEP 1: On your mobile phone, head over to https://www.zar.app/dl-now and download the app.
👉 STEP 2: Enter your WhatsApp number and verify.
👉 STEP 3: Finish the tasks shown to earn points by verifying your email, following them on social media, etc.
👉 STEP 4: Keep an eye on official announcements and hope for the best!
Final Thoughts
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