Crypto

What is yZAR?
yZAR is a yield-bearing stablecoin pegged 1:1 to the South African Rand. It’s backed by mZAR, which is fully collateralised by ZAR reserves held in a bankru...
Mon, 25 Aug, 2025 at 7:29 PM
How do I get yZAR?
You can easily swap your mZAR for yZAR on the Mesh Marketplace. Step 1: Have available mZAR Ensure you have available mZAR for your purchase or fund...
Tue, 26 Aug, 2025 at 11:27 AM
When do I start earning yield on yZAR?
If you hold yZAR at 23:59:59 SAST, you accrue yield for that day. Yield does not carry over if you don’t hold yZAR at the daily snapshot. The operationa...
Tue, 26 Aug, 2025 at 11:37 AM
When is yZAR yield paid?
Yield accrues daily, compounds monthly, and is paid into your Mesh yZAR wallet on the 1st business day of the following month.
Tue, 26 Aug, 2025 at 11:36 AM
What is the yield on yZAR?
The rate is variable and aligned to South African cash markets through appointed providers. The live rate is displayed on the asset card on Mesh. You ca...
Tue, 26 Aug, 2025 at 11:42 AM
Are there fees to swap to yZAR?
There are no platform fees for swaps between mZAR and yZAR. If you have mZAR, this means you can swap it to YZAR and earn a yield, until you're read...
Tue, 26 Aug, 2025 at 11:47 AM
Can I use yZAR outside of Mesh?
yZAR is currently native to the Mesh platform.  You can swap your yZAR to mZAR to trade or to defund to your ZAR bank account. 
Tue, 26 Aug, 2025 at 11:50 AM
Why use yZAR?
Preserve and enhance cash value: Earn market-linked yield on balances you’d otherwise keep in Rands. Stay liquid: Swap seamlessly between yZAR and mZAR...
Tue, 26 Aug, 2025 at 11:55 AM
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