Movement Expands Stablecoin Payment Rails Across US, EU and Canada

TLDR

• Movement expands licensed rails to power stablecoin payments globally
• Movement targets remittances with new US, EU, and Canada payment rails
• Movement backs stablecoin settlement push with a major token buyback
• Movement connects licensed finance with onchain settlement systems
• Movement targets emerging markets with stablecoin payment infrastructure

Movement has secured access to licensed payment rails across the United States, Canada, and the European Union. The expansion strengthens its push into stablecoin settlement, remittances, and dollar savings products.  The move targets emerging markets where legacy payment systems still create high costs and delays.

Movement Targets Cross-Border Payments

Movement plans to connect licensed payment infrastructure with onchain settlement systems for faster cross-border transfers. The company now focuses on remittances, treasury services, and savings products for underserved markets. Its strategy shifts from general blockchain growth toward practical financial infrastructure.

The company said traditional payment systems still leave many users with slow and costly transfers. According to the World Bank, remittances to low and middle-income countries reached $685 billion in 2024. However, global senders still paid an average fee of 6.36% per transaction.

Movement wants to reduce these costs through stablecoin-based settlement and licensed partner networks. Its framework supports payment products, dollar savings accounts, and yield offerings for fintechs and neobanks. Besides, the model avoids full reliance on correspondent banks and pre-funded settlement accounts.

Token Repurchase Supports New Strategy

Movement Network Foundation also repurchased about 19% of tokens previously allocated to backers. The buyback represented nearly 4.2% of the total token supply. Hence, the foundation linked the move to its long-term focus on tokenholders and payments infrastructure.

The company did not name the regulated partners behind its new payment rail access. Still, it said the rails cover major markets across North America and Europe. Moreover, the access gives partners a route between banking systems and blockchain settlement networks.

Movement has expanded this strategy through several ecosystem partnerships. KAST has added more than 18,000 verified users across over 160 countries through Movement-powered products. In addition, Circle’s USDCx launched on the network as a stablecoin backed one-to-one by native USDC.

Stablecoins Become Core Infrastructure

Stablecoins now sit at the center of many blockchain growth strategies. Movement joins networks such as Solana, Polygon, and Aptos in promoting payments and financial infrastructure. Consequently, blockchain platforms now compete more directly with legacy settlement and remittance systems.

The network has also added partners across savings, yield, wallets, and tokenized real-world assets. Sorted Wallet, Yuzu Money, Oro, Avant Protocol, and Zoth support different parts of this infrastructure stack. These products cover feature-phone wallets, dollar yield, gold vaults, and institutional-grade RWA yield.

Movement’s market shift comes after the GENIUS Act created clearer rules for payment stablecoins in the United States. The law increased focus on compliant stablecoin products and reserve-backed financial tools. As a result, Movement now positions its payment rails as a bridge between regulated finance and onchain settlement.

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