Ethereum (ETH) News: Movement Pivots to Stablecoin Payments as the Layer-2 Boom Loses Momentum
Movement said it secured licensed payment access and repurchased 19% of investor tokens as it targets remittances and stablecoin settlement.
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Ethereum (ETH) news: Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
The Hamilton Spectator
St Catharines StandardMovement Secures Licensed Payment Rails Access in the US, Canada and EU, Commits to Stablecoin Settlement and Yield Infrastructure for Emerging Markets
SAN FRANCISCO, June 02, 2026 (GLOBE NEWSWIRE) -- Movement, the stablecoin settlement and yield layer for emerging markets, has secured access to licensed payment rails across the United States, Canada and European Union. The company is committing its full focus…
SAN FRANCISCO, June 2, 2026 (GLOBE NEWSWIRE) — Movement, a stablecoin settlement and yield layer for emerging markets, has secured access to licensed payment rails in the United States, Canada, and the European Union. The new trajectory of the company focuses on international payments, remittances, and dollar-denominated savings products in emerging markets. The post Movement secures access to licensed payment rails in the US, Canada, and the EU…
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