# Introduction ZARP Stablecoin is a cryptocurrency pegged to the price of the [South African Rand](https://en.wikipedia.org/wiki/South_African_rand). The introduction of Bitcoin and subsequent blockchain technologies has established a new digital asset class in which scarcity is based on cryptographic certainty. These trust protocols for the internet enable online-native value transfer for the first time. Stablecoins make use of blockchain protocols to represent the value of fiat currencies like the US Dollar or South African Rand in distributed networks. One ZARP token represents the value of one Rand. This value is supported by a treasury reserve of actual rand currency equivalents that is managed by [Old Mutual Wealth](https://www.oldmutual.co.za/wealth/), a leading asset management firm. ZARP seeks to bridge the gap between traditional and decentralised finance, offering the best of both worlds: the security and stability of a fiat currency with the efficiency and innovation of blockchain technology that offers 24/7 transacting and trading outside of banking hours, at low fees, and programmable. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.zarpstablecoin.com/zarp-stablecoin/master.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.