IDA partners with Zand Bank for blockchain cross-border payments

IDA announced Memorandum of Understanding with Zand Bank on October 30, 2024.

Primary

IDA

Counterparty

Zand Bank

Structure

Memorandum of Understanding

Date

October 30, 2024

Sub-sector

Crypto / Stablecoin

IDA and Zand Bank enable cost-effective blockchain-based cross-border payments across Belt and Road and BRICS Plus regions using stablecoins.

Primary company

IDA

Counterparty

Zand Bank

Amount

Not disclosed

Event date

October 30, 2024

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Memorandum of Understanding

Source published

October 30, 2024

Publisher

PR Newswire / The Manila Times

Source: manilatimes.net