people · May 16, 2026
Quantoz Partnership with TerraPay, Coop Bank Oromia, and Xahau Network Goes Live
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Quantoz announced on May 15, 2026 that its partnership with TerraPay, Coopbankoromia, IncFinTech, and XahauNetwork is live with transactions flowing. The partnership enables blockchain-based settlement for inward remittances to Ethiopia using the Xahau Blockchain as the settlement layer. The initiative supports euro-denominated remittance flows from Europe and was developed in collaboration with Ethiopian financial authorities. TerraPay Founder and CEO Ambar Sur noted that Ethiopia's diaspora sends billions of dollars home each year.