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Hesab Selects Movement as Exclusive Stablecoin Settlement Layer for Its Global Self-Custody Bank

  • Hesab has selected Movement as the exclusive stablecoin settlement layer for its Global Self-Custody Bank, serving users in over 160 countries with true ownership of their money.
  • Movement provides a stablecoin settlement and yield layer designed for emerging markets, supporting licensed payment access across the US, Canada, and the EU.
  • Approximately 1.4 billion adults worldwide are unbanked, and many more use accounts they do not fully control, facing risks such as inflation and frozen deposits.
  • Hesab aims to offer bank accounts that fully belong to users by enabling fast, compliant cross-border settlement without large pre-funded funds through Movement.
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Bias Distribution

  • 57% of the sources lean Left
57% Left

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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, July 7, 2026.
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