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. 🫡
@zothdotio and @movement_xyz have entered a strategic partnership to build $1 Billion cross-border payment rails and global vault infra for institutional DeFi.
Zoth, the compliant full-stack stablecoin neobank serving the Global South, brings the payment and yield infrastructure. Movement brings the settlement layer and ecosystem distribution.
One stack where stablecoin holders can move, settle, and earn at scale.
New Listing: $MOVE(Movement) is now live on Fasset.
$MOVE is officially available for trading on our platform, bringing scalable, parallelized execution infrastructure to the digital asset ecosystem.
$MOVE Airdrop:
We’re hosting an exclusive community airdrop to celebrate the listing.
How to qualify:
• Buy $MOVE on Fasset (minimum $5)
• 30 winners → $100 in $MOVE
• Results announced in 7 days on Fasset’s X
How to prepare:
• Verify your Fasset account
• Turn on post notifications
• Stay tuned for snapshot announcement
Log in via the link in bio.
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.
Today's pod is with @torabyou, CEO of Move Industries.
Torab shares @movement_xyz���s new strategy and focus on emerging markets, what he learned from sitting down with the Ethiopian president and Ministry of Finance, the foundation’s token buyback and its evolved vision going forward.
TIMESTAMPS
00:00 - Introduction to Move Industries and Torab Torabi
02:07 - Evolution of Move Industries and Market Dynamics
05:07 - Why the Foundation Bought Tokens Back
08:12 - Focus on Emerging Markets and Government Engagement
12:12 - Security Concerns in DeFi and User Fund Protection
15:19 - Differentiating Markets: Developed vs. Emerging
19:04 - Stablecoins and Gold in Emerging Markets
23:09 - Sharia Compliance and Financial Products for Emerging Markets
24:30 - Tokenization and Emerging Markets
26:24 - Understanding Compliance in Financial Products
28:34 - The Role of Government in Financial Scalability
31:48 - Challenges in Currency Exchange and Adoption
34:09 - Key Metrics for Success in Emerging Markets
36:10 - Institutional Adoption vs. Emerging Market Focus
40:58 - Strategic Reorientation and Future Plans
Watch below or on X:
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.
"Every chain has to basically pick a lane and start winning in that lane. And the Move language was created by Facebook particular for money."
Our lane is money.
Here's our CEO Torab (@torabyou) explaining this mission on Stabledash (@stabledash).