According to Fortune, the stablecoin project Zar announced the completion of a $7 million funding round, with investors including Dragonfly Capital, Andreessen Horowitz, VanEck Ventures, and Solana co-founders. Zar was founded by Brandon Timinsky and Sebastian Scholl in 2024, aiming to enable global "corner stores" to support cash-to-stablecoin transactions. The platform is not yet open, but approximately 100,000 users are on the waiting list to register, and 7,000 stores have expressed interest in collaboration, covering 20 countries including Pakistan, Indonesia, and Nigeria. Zar plans to officially launch this summer.