Organisations · Bank · South Africa · standardbank.com/
Standard Bank GroupNew
Johannesburg-based banking group, the largest in Africa by assets; banker and reserve custodian for the ZARU and ZARP rand stablecoins.
Also known as Standard Bank, The Standard Bank of South Africa
Headquarters: South Africa · used for “firms based in” filters (how location works)
Profile sources[1]
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| ZAR Universal (ZARU) rand stablecoin | Custodian Primary banking and custody partner for reserve funds. | Live (limited) | B ZAR Universal Network, 21 Jul 2026[2] | Reviewed 21d ago |
| SARB Project Khokha 2 (tokenised debentures and wholesale CBDC) | Counterparty | Inactive | A South African Reserve Bank, 6 Apr 2022[3] | Reviewed 17d ago |
| ZARP rand stablecoin | Custodian Standard Bank call deposit and current accounts hold part of the reserve. | Live (limited) | A Kempen Audit, 1 Oct 2026[4] | Reviewed 21d ago |
Sources
- [1]Standard Bank Group: Home | Standard Bank — Standard Bank Group. Accessed 18 Oct 2026.B
- [2]ZAR Universal Network (ZARU) White Paper — ZAR Universal Network, 21 Jul 2026. Accessed 18 Oct 2026.B
- [3]Project Khokha 2 Summary Report, 6 April 2022 — South African Reserve Bank, 6 Apr 2022. Accessed 18 Oct 2026.A
- [4]ZARP Stablecoin (Pty) Ltd agreed-upon procedures report, 1 October 2026 — Kempen Audit, 1 Oct 2026. Accessed 18 Oct 2026. Agreed-upon procedures, not an assurance opinion; report date 1 Oct 2026 for 30 Sep 2026 balances..A
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