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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.
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.
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.
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.
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.
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