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Movement pivots to stablecoin payments as the layer-2 boom loses momentum

Crypto CoinDesk By Margaux Nijkerk 02 Jun 2026 13:00 1 min read
Movement pivots to stablecoin payments as the layer-2 boom loses momentum

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

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