Company’s new trajectory targets cross-border payments, remittances, and dollar savings products across emerging markets
SAN FRANCISCO, June 02, 2026 (GLOBE NEWSWIRE) -- Movement, the stablecoin settlement and yield layer for emerging markets, has secured access to licensed payment rails across the United States, Canada and European Union. The company is committing its full focus to cross-border payments, remittances, and dollar savings products for the markets that the traditional financial system has overlooked.
Remittance flows to low and middle-income countries reached an estimated $685 billion in 2024, according to the World Bank. Yet cross-border payments remain sluggish, labored, and dependent on legacy banking infrastructure. Senders still pay an average of 6.36% per transaction globally, while settlement delays and limited banking access continue to impact consumers and businesses across key remittance corridors.
