28 October 2025

Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population (Faseeh Mangi/Bloomberg)

Faseeh Mangi / Bloomberg:
Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population  —  Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores …

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