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TerraPay, Cooperative Bank of Oromia and Quantoz Launch Blockchain-Based Settlement for Inward Remittances to Ethiopia
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TerraPay, Cooperative Bank of Oromia and Quantoz Launch Blockchain-Based Settlement for Inward Remittances to Ethiopia
TerraPay, a global payments infrastructure company, and Cooperative Bank of Oromia today announced the launch of blockchain-based settlement for inward remittances to Ethiopia. The initiative supports euro-denominated remittance flows from Europe, combining TerraPay’s cross-border payments network, COOP Bank’s nationwide banking reach, and regulated digital euro settlement infrastructure provided by Quantoz Payments (quantoz.com), strengthening …
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