Movement Expands Payment Rail Access in US, Canada, and EU

Movement has announced that it has secured access to licensed payment rails in the United States, Canada, and the European Union. According to NS3.AI, this development is part of Movement's strategy to integrate traditional banking systems with stablecoin settlement networks, aiming to enhance cross-border transfers and treasury services. Additionally, Movement has conducted a buyback of approximately 19% of tokens that were previously allocated to investors. However, the company has not disclosed the partners or regulated entities involved in providing access to these payment rails.