product · May 21, 2026
Blockchain Rails Go Live for Ethiopia Euro Remittances via TerraPay
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TerraPay and Cooperative Bank of Oromia launched blockchain rails for euro remittances to Ethiopia via Quantoz and Xahau on May 7, 2026. The system integrates TerraPay's cross-border payments network, Cooperative Bank of Oromia's domestic banking infrastructure and Quantoz's regulated digital euro settlement infrastructure. Xahau Blockchain serves as the settlement layer with financial-grade properties. Ethiopia receives over $5 billion in annual inbound remittances.
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