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COMPANY detail
MOVEMENT Where Money Lives
MOVEMENT
Company Overview.
Year Founded
NOT DISCLOSED
Status
Private
Specialties
Infrastructure, Network
Company Size
11-50 Employees
Industry
Financial Services
Location
USA
Description.
Movement is the global settlement and yield layer for stablecoins, built on the Move programming language originally developed by Meta for financial applications. The company rebranded in June 2026, shifting from an Ethereum Layer-2 positioning to an independent Layer-1 blockchain targeting emerging markets with cross-border payments, remittances, and yield infrastructure. It serves neobanks, fintechs, and payment platforms. Notable ecosystem partners currently building on the network include Circle (USDCx), KAST, Avant Protocol, Sorted Wallet, Yuzu Money, Oro, and Zoth.
Founded date is not publicly disclosed. The company operates under Nimbus LLC, compliant under Puerto Rico's Act 136 of 2020 and Regulation 9393. No public funding rounds, team size, or transaction volume data is available. Confirmed client: OrbitX (OrbitX Spend Card terms explicitly name "Third National" as issuer, see OrbitX card holder agreement at bridge.xyz). The platform supports multi-currency accounts, stablecoin reserve settlement (USDC), and program-level daily spending limits.
Key Infrastructure.
M1 Mainnet
Movement Mainnet is the flagship blockchain in the Movement ecosystem, built for secure, scalable finance. It delivers sub-second finality with 278ms block time and low gas costs, purpose-built for stablecoin settlement and cross-border payment rails.
Canopy Vault Infrastructure
Movement acquired Canopy to bring yield-curation infrastructure in-house. Canopy serves as the vault layer on Movement Network, letting users allocate assets and compose yield strategies on-chain through isolated vaults with clean accounting for partners.
USDCx Stablecoin
Circle powers USDCx through its xReserve infrastructure, launching natively on the Movement Network backed one-to-one by native USDC. It supports payments, treasury operations, and savings products without complicated bridges or wrapped assets for partner integrations.
MovePosition Money Market
Movement designated MovePosition as its canonical lending and borrowing market after a formal selection process. It features the Concordia adaptive risk engine that adjusts to market conditions, serving as core composable infrastructure for yield strategies.
Motion Wallet
Motion is the official Movement-native self-custodial browser extension wallet built by Move Industries. It encrypts keys locally and provides seamless token sending, swapping, and signing, with independent security audits from OtterSec and Sherlock publicly available.
Yuzu Prime Yield
Yuzu Money serves as a Day-One Canopy curator offering Yuzu Prime, a conservative yield product targeting approximately seven percent APY through tokenized Treasury bills, AAA-rated CLOs, and overcollateralized lending managed via Fordefi MPC custody.
Additional Features.
Licensed Payment Rails
Movement secured licensed payment rail access across the United States, Canada, and European Union through commercial partnerships, enabling compliant cross-border products for fintech and neobank partners without requiring independent licensing.
Bridge Infrastructure
The Movement bridge interface allows users to initiate transfers across networks through third-party bridging protocols. It supports asset movement into and out of the Movement Network while remaining fully non-custodial.
Liquid Staking
The Services provide an interface to obtain liquid staking tokens representing protocol-level staking positions. Users can delegate MOVE tokens without committing to separate lockup arrangements subject to protocol rules.
Oro Gold Integration
Oro integrates yield-generating gold vaults and physical redemption infrastructure across five markets including the United States, Turkey, Bangkok, India, and the United Arab Emirates for emerging market partners.
Sorted Wallet Partnership
Sorted Wallet is a non-custodial feature-phone wallet with five hundred thousand-plus downloads across one hundred sixty countries. Movement invested in its four point four million dollar seed round alongside Tether.
Stableyard Commerce
Stableyard is a full-stack stablecoin commerce layer that handles acceptance, routing, settlement, and reconciliation. It lets merchants accept stablecoins from any wallet on any chain and settle in any currency.
GENERAL Questions.
What does this company do?
Movement is a Layer-1 blockchain and global settlement and yield layer for stablecoins, built on the Move programming language. It provides infrastructure for neobanks, fintechs, and payment platforms to offer fast cross-border settlement, dollar savings, and on-chain yield products in emerging markets.
Who are their main clients?
Neobanks, fintechs, payment platforms, wallets, and institutions serving emerging markets. Notable ecosystem partners include KAST, Circle, Avant Protocol, Sorted Wallet, Yuzu Money, Oro, Zoth, and Juicyway.
Are they licensed?
Movement Network Foundation is a Cayman Islands foundation company. It does not directly hold money transmitter licenses but has secured access to licensed payment rails across the US, Canada, and EU through commercial partnerships with licensed providers.
What blockchains/stablecoins supported?
Movement supports its own M1 Mainnet (Movement Network). Native stablecoins include USDCx (Circle) and bridged USDT.e (Tether). Yield-bearing assets include savUSD (Avant), sUSDa (Avalon), and Yuzu Prime vaults.
