P2P Crypto Wallet SEMWallet Cuts Ethiopian Remittance Fees to $0.50

SEMWallet, a crypto wallet and P2P trading platform, reduces remittance costs for Ethiopians from 8% to near zero by using USDT on TRON and local payment integrations. A $500 transfer costs $0.50 and settles in 2.4 seconds, compared to Western Union's $40 fee and 4-day SWIFT delays. The platform supports Telebirr, CBE, and BOA, with plans to expand to Kenya, Nigeria, and South Africa in Q3 2026.