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Overview
Movement operates blockchain settlement infrastructure for neobanks, fintechs, and payment platforms moving money between emerging markets. The network is built on the Move language for financial applications and lets an institution settle a cross-border transaction in near real time, without routing it through a chain of correspondent banks or parking capital in pre-funded accounts. The company describes itself as a settlement and yield layer, and hires protocol, security, and cryptography engineers to build it. Compared with traditional remittance, which takes two to five days and ties up working capital at every hop, settlement happens directly on the network. The company's goal is to lower the cost of moving money across borders by replacing correspondent banking with a single settlement layer.
About Movement
Industries
Data & Analytics
Fintech
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
Simplify's Take
What believers are saying
- Stableyard investment on May 7, 2026 expands merchant acceptance, routing, settlement, and reconciliation.
- Avant integration on April 14, 2026 adds yield infrastructure for idle stablecoin balances.
- Hesab’s July 7, 2026 deployment gives Movement a flagship corridor into emerging markets.
What critics are saying
- Movement Labs filed Chapter 11 on July 15, 2026, exposing a shattered operating legacy.
- MOVE fell 94% after the May 2025 token-dump scandal and exchange suspensions.
- A bankruptcy-linked narrative plus governance scars can kill enterprise trust within 2026.
What makes Movement unique
- Move Industries became Movement Network’s primary service provider on December 29, 2025.
- Movement is positioning itself as stablecoin settlement infrastructure, not another general-purpose blockchain.
- Hesab chose Movement on July 7, 2026 as exclusive settlement layer for its bank.
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Company News
Hesab, a global digital payments platform processing $160 million monthly across over a million transactions, has selected Movement as the exclusive stablecoin settlement layer for its new Global Self-Custody Bank. The platform targets emerging markets, particularly Africa and the Middle East, where roughly 1.4 billion adults remain unbanked. Movement provides stablecoin settlement with access to licensed payment rails across the United States, Canada, and the European Union. The infrastructure enables real-time cross-border settlement without requiring pre-funded float. Founded in 2018 by Sanzar Kakar, Hesab serves users across more than 160 countries and accepts funding from over 20 channels. The platform's self-custody bank uses DFNS for programmable wallet infrastructure, whilst Circle and Tether supply stablecoin liquidity. Movement aims to replace traditional remittance systems that typically take two to five days to clear.
Movement, a Move-based layer 1 blockchain network, has announced a strategic investment in Stableyard, a full-stack stablecoin commerce platform designed to simplify stablecoin payments. The investment follows nearly two years of collaboration between Movement and Stableyard's co-founders, Avinash and Mitesh. Stableyard addresses fragmentation in stablecoin payments by offering a single integration that handles acceptance, routing, settlement and reconciliation. Merchants can accept stablecoins from any wallet on any chain and settle in their preferred currency. Movement will support Stableyard operationally through merchant introductions, ecosystem connections and checkout integration for Movement-native applications. Movement's M1 network serves neobanks, fintechs and payment providers across East Africa, West Africa, Central America and Southeast Asia. The investment amount was not disclosed.
Move Industries backs full-stack stablecoin commerce infrastructure built to make stablecoins spendable at global scale...
Movement Network has partnered with Avant Protocol to integrate institutional-grade yield infrastructure into its ecosystem. The integration gives Movement users access to savUSD, Avant's yield-bearing stablecoin, marking the first such integration on the platform. savUSD generates yield through a multi-strategy framework with a tiered capital structure designed to protect user funds. A protocol-owned reserve fund acts as first-line defence against losses, followed by a junior tranche exceeding $23 million before senior depositors are affected. Avant manages over $145 million in total value locked. The partnership targets fintech companies, neobanks and payment providers seeking yield on idle capital. Movement recently integrated Circle's native USDC support and partnered with KAST, a global payments platform serving over 30 countries, positioning itself as settlement infrastructure for digital finance.
Movement Network has announced winners of its M1 Hackathon, the first major hackathon on its newly launched Layer 1 blockchain. The four-week competition attracted over 100 teams building DeFi applications, games, consumer products and developer tools using the Move programming language. Notably, 100% of participants used AI coding assistants to accelerate development, enabling teams to deliver production-ready quality typically requiring months of work. Movement partnered with Replit to provide cloud-based development environments, removing hardware barriers. The hackathon awarded $30,000 across six categories. Winners include The Fallen Court (gaming), Trace and Movehat (developer tools), SportsMove (consumer app), AlgoArena (x402 app) and Predictly (DeFi). Winners receive ongoing support from Movement's developer relations team to ship to mainnet. A Twitter livestream featuring demos will be held on 9 February 2025.
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About Movement
Industries
Data & Analytics
Fintech
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
Movement is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today