Hi there,
I want to give my take on an interesting topic that we quite passionately debated the other day.
The debate was around which stablecoin wins.
USDT or a local ZAR-backed one.
The realisation was that it doesn’t make sense to pick one.
Here why…
If you're operating in and out of South Africa, you don't need one or the other.
You need both.
USDT moves money across the world. It's the global highway. It’s Fast and liquid and borderless.
But it doesn't speak Rand.
It doesn't settle locally. It doesn't understand your payroll, your debit orders or your daily life.
That's where a Digital Rand fits in.
We aren’t building it to compete with the dollar.
They're meant to be a stack.
USDT for the wide. A ZAR stablecoin for the deep.
One takes your money global. The other moves it through your local economy.
We see this as a complete monetary infrastructure for anyone building, earning, or operating across borders while still living in Rand.
We believe that this is the next era of money.
Crazy.
Talk soon,
Chaz
Chief Product Officer @ 80eight
