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
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
Access to licensed payment rails in the US, Canada, and the EU. Sub-second settlement. A bank live in Afghanistan. $USDCx on MEXC, KuCoin- with more upcoming.
The full update, direct from @torabyou
https://t.co/9haYg35JEs
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.
$USDCx on Movement is now live on @kucoincom, @MEXC_Official, and @BitMartExchange.
Cross-border remittance has two problems to solve: the rail the money travels on, and the market it steps off into.
We built the rail. This is the off-ramp getting deeper.
https://t.co/R2FVMZUaR8
an early version of the lite node core (_build_0x1067dzc2) is available via the internal gitlab, this version excludes the boot-loader (which will be available separately)
a lite node fully compatible with main net and additional components will be available on GitHub for building and deployment (consider this release a nightly build for evaluation purposes)
https://t.co/MMQTbM1ZX1
thank you all for the support