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Movement is a settlement and yield layer built on stablecoin rails, focused on emerging markets.

TVL $2.9M · per DefiLlama · updated Sep 24

Movement provides infrastructure for cross-border payments and yield products using stablecoins, operating in over 160 countries. It offers yield-bearing stablecoin assets such as savUSD, USDCx, and USDT.e to users on connected platforms. The network is built on Move, a programming language developed by Meta for financial assets, and targets markets in Africa, MENA, South and Southeast Asia, and Latin America.

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movementnetwork.xyz@movement_xyz

Upcoming

  • Oct 10Co-hosts The Invite, Singapore · Luma

Recent activity

  • seen Sep 23Acquired Canopy to bring yield infrastructure to Movement users · Telegram
    +2 more from Telegram
    • seen Sep 23Joined the Circle Alliance Program
    • seen Sep 23Launched native wallet Motion
  • seen Sep 23Has $2.94M in TVL on Movement · Movement site
    +3 more from Movement site
    • seen Sep 23Settles transactions in under 1 second
    • seen Sep 23Has 300K+ KYC-verified users across the network
    • seen Sep 23Reaches 160+ countries with its settlement and yield rails
  • seen Sep 23Launched WhatsApp-based stablecoin remittances to Mexico with El Vecino and RISE · Movement news
    +2 more from this post
    • seen Sep 23Joined the Mesh Alliance Program
    • seen Sep 23Hired Diego Wilson as Head of Lending Infrastructure