Movement Expands Stablecoin Payment Rails Across US, EU and Canada

Movement has secured licensed payment infrastructure across three major economic regions, positioning itself as a key player in stablecoin-based settlement. The expansion targets remittances and dollar savings products, particularly in emerging markets where traditional systems remain costly and inefficient.

Cross-border payments stand to benefit most from this development. With global remittances to low and middle-income countries reaching $685 billion in 2024—burdened by average fees of 6.36%—Movement's onchain settlement systems could significantly reduce transfer costs and delays.

The company's strategic pivot from general blockchain applications to focused financial infrastructure reflects growing institutional recognition of stablecoins' utility. By bridging licensed finance with decentralized systems, Movement addresses a critical pain point in global money movement.