Send $100 across borders today, and only $94 is received, days later in most corridors.
More than 6% of hard earned money evaporates. 6% of someone labor under the scorching sun, or under the fluorescent lights of an office building.
We'll never reach a perfect $100 in, $100 out world. But we can cut the distance in half, then another half after that.
Infinite halves.
https://t.co/2y3RyQWUId
Hesab selected Movement as its exclusive stablecoin settlement layer for cross-border flows.
$160M in monthly volume. 1 million+ transactions per month. The corridors they serve run on informal cash networks with 2-5 day settlement and capital sitting idle in pre-funded float.
Movement provides access to licensed rails across the US, Canada, and the EU. Same remittance, cleared in real-time.
Mesh has integrated with Movement.
Any app on Movement can embed Mesh (@meshpay), and any user can open Motion Wallet (@motion_wallet), connect their exchange account or wallet through Mesh, and pull that balance onchain in a few taps.
Stay tuned for more with Mesh.
DFNS now supports Movement.
We're excited to announce this complete Tier 1 integration that enables any of the 400 institutional clients working with DFNS (@DFNSHQ) across 60-plus networks to fund wallets, move assets, execute smart contracts, and more on Movement.
We've joined the Circle Alliance Program.
Circle (@circle) and USDCX fully backed by USDC (@usdc) play a key role in our mission to build a payments stack for low-cost payments, remittances, and financial access.
Especially with startups, you don’t take a bet on the company, you take a bet on the man.
Over the past few weeks I’ve spent many hours with @pritrules and each time I come out of the meetings more confident and certain that we will achieve greatness together. Humility, grit, purpose, and a sprinkle of delusions of grandeur is an incredible recipe for success.
With our infrastructure, payments pedigree, and their support from players like @Bakkt , we are full steam ahead.
Now the hard part begins. 🫡
Every single country has its own regulatory framework, wants, needs, and concerns.
Serving just one country and entrenching deeply is enough to have a thriving and booming business.
If you are a consumer facing fintech/neobank in any emerging markets, reach out.
We can support you with investment, incentives, fiat on ramping, receive wide payouts, yield, and backend support blockchain support.
Zoth is now our native RWA yield layer.
Any fintech, neobank, or payment provider building on Movement can now offer their users institutional-grade yield on stablecoin holdings.
More to come with the Zoth (@zothdotio) team.
@movement_xyz Voting is live on the proposal regarding the official Movement launch date!
Users taking part in the vote during the first 48 hours after launch will be eligible for rewards.
Details:https://t.co/ecP7YOkvne
Movement’s next chapter begins with using the infrastructure we’ve built to deploy cross-border payment products, yield offerings, and dollar-denominated savings accounts to the Global South and beyond.
Movement is where money lives.
https://t.co/T0OhH6ePNx
We have secured access to licensed payment rails in the US, EU, and Canada to become the stablecoin settlement and yield layer for emerging markets.
Billions of people are financially underserved.
We aim to fix that.
It's a new day for Movement.
For the past year, we rebuilt from the ground up. The L2 to L1 migration in December was the first step. We reached one-second finality and secure smart contracts in Move. Then came Circle, KAST, Avant, and other integrations.
This is just the beginning. 🧵
We have secured access to licensed payment rails in the US, EU, and Canada to become the stablecoin settlement and yield layer for emerging markets.
Billions of people are financially underserved.
We aim to fix that.
5 years ago I fulfilled my childhood dream of being on Wheel of Fortune.
After watching it religiously every single night with my family, crowded around the TV, I finally got to stand on that stage and meet Pat Sajak and Vanna White. (Both were even kinder than I imagined.)
For non-Americans, this show is a national pillar of entertainment that spans generations. Everyone, and I mean everyone, knows Wheel of Fortune.
I spent weeks obsessively practicing and rewatching old episodes, hunting for any edge I could find.
I read countless articles on the most common letters in puzzles and the way phrases are structured. (This was a lot harder before ChatGPT and Claude.)
Here's the thing about me: I hate losing more than I love winning, and boy do I love winning.
Over the course of the game I hit 3 "Bankrupts" and 1 "Lose a Turn." At one point Pat Sajak looked at me and said, "The wheel wasn't your friend today..." But when it mattered most, the preparation paid off and I solved the final puzzle to edge out the win.
In life you can’t control the wheel (luck) but you can control preparation and hard work. It’s no secret that Movement’s “wheel”hasn’t been great but we are now old friends with adversity.
This past year was spent heads-down at the drawing board, obsessively identifying market gaps and figuring out how to solve real problems at scale.
Movement's "luck" is about to change. And when it does, don't act surprised.
InshaAllah.