TD Markets Exchange (TDME), a well-established South African broker, has launched ZARC Coin – a digital asset pegged 1:1 to the South African rand – on the Stellar network in partnership with Shift Markets. Together, TDME and Shift Markets offer deep forex broker expertise and crypto infrastructure that supports issuance and distribution. ZARC Coin is a permissionless, yield-bearing asset designed to power cross-border payments for remittances, global payouts, and wealth preservation. TD Markets offers ZARC Coin holders returns of up to 7.5 APY% to enable everyday consumers and enterprises to send global payments while earning more.

According to Amar Ramith, TDME’s CEO, “Stellar’s broad ecosystem of on and off-ramps reaching over 170 countries, and its decade-long track record of powering billions of operations make it the ideal platform for ZARC Coin. Its proven reliability and commitment to removing barriers in global finance enable seamless access for enterprises, NGOs, merchants, and everyday consumers alike, especially in emerging markets where traditional financial infrastructure often falls short.”

The ZARC Coin issued by TDME benefits from:

• 24/7 liquidity to support institutional-grade trading and seamless market operations
• Local on/off ramps that make it easy for consumers to convert between ZARC Coin and local currencies
• A TDME platform developed by Shift Markets providing merchant tooling that supports payroll and other merchant tooling to enable broader acceptance
• Customizable platform controls for user administration, liquidity management, and compliance requirements to ensure a tailored approach for regional market needs

Over the last decade, blockchain solutions built on the Stellar network have enabled enterprises, NGOs, merchants, and everyday consumers to access digital assets anywhere in the world. Whether in emerging markets unable to access global currencies, migrants struggling to handle and secure physical cash, or those looking for faster and cheap global payments, the Stellar network is the network of choice for cheap, fast, and secure global payments.

Explore more about the enterprise-ready solutions backing the ZARC Coin in the product launch announcement here.