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Stablecoins & Payments · 1 min read

Movantis Integrates Stellar to Settle US-El Salvador Remittances in USDC

The cross-border payments infrastructure firm will use Stellar to settle remittances in USDC before local dollar payouts.

Editorial oversight: Julian Mercer, Chief Editor
Bullish
$USDC $1.00 0.0% $XLM $0.1708 +1.1%

At a glance Announced

What happened
Movantis integrated the Stellar network into its payment infrastructure to settle US-to-El Salvador transfers using USDC.
Why it matters
The rail enables continuous 24/7 cross-border settlement and reduces pre-funding requirements for remittance operators without adding currency risk.
Who is affected
Remittance companies, fintechs, and wallet providers routing cross-border transfers into El Salvador via Movantis.
What's next
Movantis plans to expand the settlement architecture to additional corridors across Latin America, Europe, and Asia.
Primary source
PR Newswire: Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure

Key points

  • Movantis integrated the Stellar network to settle cross-border payment flows, starting with USDC transfers from the US to El Salvador.
  • The dollarized corridor allows recipients to receive US dollars locally without incurring foreign-exchange conversion risk.
  • Movantis handles over $60 billion across 200 million transactions annually and plans to expand the settlement rail to additional corridors.

Cross-border payments network Movantis announced an integration with the Stellar blockchain at the Meridian 2026 conference in Lisbon on Oct. 28 1. The partnership integrates Stellar as a digital settlement rail within Movantis's payments architecture, beginning with $USDC settlements for flows from the United States to El Salvador 1.

Under the arrangement, Movantis's regulated subsidiaries plan to utilize USDC on Stellar for the cross-border settlement leg 1. Local partners in El Salvador will then handle conversion and last-mile distribution in physical or electronic US dollars 1. Because El Salvador uses the US dollar as legal tender, the companies noted that the corridor eliminates foreign-exchange volatility for recipients 1. Remittance companies, financial technology platforms, and digital wallets connecting to Movantis can utilize the settlement rail 24/7 without changing existing user-facing currency workflows 1.

Multi-Rail Strategy

Movantis, operated by Transnetwork LLC, processes more than $60 billion annually across over 200 million transactions and 90,000 payout points 1. Rather than replacing banking infrastructure, the integration operates alongside existing domestic payment systems as part of an institutional multi-rail settlement offering 1. Stellar network businesses will also gain the ability to route payouts into Latin American markets through Movantis 1.

The initiative reflects an ongoing push by financial networks to merge enterprise payment rails with dollar-pegged stablecoins 1. Similar integrations have seen payment processors expand blockchain-based clearing infrastructure, such as recent moves where Visa, Stripe, and OKX Expand Enterprise Stablecoin Infrastructure to streamline global commerce 1. Movantis stated that it plans to expand the Stellar settlement setup beyond El Salvador to additional business-to-business and consumer corridors across Latin America, Europe, and Asia 1. At the time of writing, Stellar's native token $XLM traded at $0.1701.

Sources

  1. [1] Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure — PR Newswire, October 28, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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