Torab

CEO @movement_xyz

Move is for Money.

🇺🇸🇦🇫

[Torab @torabyou]

Since Movement seems to have your attention, here’s some of the progress we have made over the last few months:

✅ Secured licensed payment rails to move Money from the US, Europe, and Canada

✅ @HesabPay_ chose to build their Neobank for the global south exclusively on Movement

✅ @near_intents integration live, bringing liquidity across different chains to users

✅ @dfnsHQ integration live, bringing a full stack core banking digital asset platform to our partners

✅ USDCx @circle integrations live on @MEXC , @kucoincom and @BitMartExchange

✅ Movement joined the Circle Alliance Program

✅ @zothdotio integrating to bring yield infrastructure via zVaults and Global Cross Border payments via zPayments

✅ @meshpay integration live to allow seamless flow of stables and other assets from CEX to wallet

✅ Investment announcement in @sortedwallet and @stableyardfi

✅ Launched our own native wallet @motion_wallet

✅ $MOVE token listed on @fasset exchange

✅ Acquisition of @canopyxyz to bring yield infrastructure to Movement users

We are building the rails that bring digital assets in reach of fintechs and banks in emerging markets, and the users they serve.

More news to follow, just make sure you get your news directly from the source.

Gmove.

[Movement @movement_xyz]

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.

[Torab @torabyou]

@grugcapital @scrowder Hey man. Eff you lol

[Torab @torabyou]

@chang_defi Movement didn’t.

[Torab @torabyou]

@kwharrison13 Sprite Zero

[Torab @torabyou]

@centristpeater He’s never beating the Homelander allegations

[Torab @torabyou]

@lookonchain God damn it

[Movement @movement_xyz]

Joe joined @offchain and @base at @MalaysiaBCW to discuss conversion bottlenecks, first-use drop-off, and retention.

Onchain consumer growth gets better when the product gets simpler, friction drops, and feedback loops get tighter.

[Torab @torabyou]

Diego Wilson joins Movement as Head of Lending Infrastructure!

Bringing a decade of technical depth from Qualcomm, Google, and Solana Labs, Diego joins to hold our execution standard as the network scales.

Users only adopt solutions they can rely on.

Move is for Money.

[Movement @movement_xyz]

Diego Wilson joins Movement as Head of Lending Infrastructure.

Ex- @Qualcomm, @Google, and @solanalabs.

Most networks collapse into technical debt under heavy load. Diego builds runtimes that don't.

https://t.co/f3WQUlezTv

[Torab @torabyou]

@hautism Can I say something?

[High Yield Harry @HighyieldHarry]

Ken Griffin to Leopold

[Torab @torabyou]

@grugcapital We only remember their sins when they’re “communists”.

[Torab @torabyou]

@mikecantmiss Sui folks talking about Monad?

[Torab @torabyou]

I don’t know what part of the cycle this is

[Jordan Zietz @treejordan]

I messed up.

At our YC afterparty, we offered free tattoos and said we’d be happy to interview anyone who got one. What I thought would be a fun, memorable way to meet people was, in reality, reckless, and instead came across as tying a permanent tattoo to job opportunity, which showed poor judgement.

Even though participants chose their own tattoos and no one was asked to get our logo, I should have understood the pressure and power dynamic created by connecting tattoos to hiring.

Regardless of said intent, turning a celebration of personalized art into a company stunt was poorly exercised judgement. We’ve taken the posts down and have spoken to everyone who participated. We’re also ready to cover associated removal costs with anyone facing any delayed regret.

I’m sorry to the people we put in that position, and to everyone who expected better from me. There’s no clever explanation here. I got carried away, and I was wrong.

For the facts: interviews were available to everyone regardless.

[Torab @torabyou]

More consolidation and recalibration will continue to happen.

It’s inevitable.

[Stani @StaniKulechov]

After a comprehensive review, Aave is deprecating 50 low adoption asset reserves across multiple deployments.

In addition, Aave is orderly winding down deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, covering another 25 asset reserves.

As part of this process, 21 matured Pendle PTs are also being deprecated in favour of new maturities.

In total, the changes affect $98.1M in supply and $15.6M in debt.

These measures reduce Aave's economic and technical risk surface as part of the new Aave Risk Framework and Technical Asset Listing Framework.

Aave will continue applying continuous risk assessment for all assets across all deployments.

[Torab @torabyou]

@milliemyang @stabledash 👀

[Irakli 🚀 @TheSpacerr]

Stripe had around 50 users after its first 2 years.

Imagine quitting because of that.

[Movement @movement_xyz]

Diego Wilson joins Movement as Head of Lending Infrastructure.

Ex- @Qualcomm, @Google, and @solanalabs.

Most networks collapse into technical debt under heavy load. Diego builds runtimes that don't.

https://t.co/f3WQUlezTv

[Torab @torabyou]

@stabledash Ethiopia also has 2 million unique stablecoin holders too!

[Torab @torabyou]

@moseskagan These guys are putting the LAPD out of a job

[Torab @torabyou]

@toly lol.

And imagine being able to borrow against your Dostoevsky.

[Torab @torabyou]

@andygmove @movement_xyz 👌