---
title: "Movantis Integrates Stellar to Settle US-El Salvador Remittances in USDC"
description: "The cross-border payments infrastructure firm will use Stellar to settle remittances in USDC before local dollar payouts."
url: https://basisdesk.news/news/movantis-integrates-stellar-usdc-payments-el-salvador
published: 2026-10-28T16:11:20.192Z
modified: 2026-10-28T16:11:20.192Z
section: Stablecoins & Payments
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bullish
tickers: [USDC, XLM]
tags: [stellar, usdc, cross-border-payments, remittances, el-salvador, movantis]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# 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.

## At a glance

- **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.
- **Status:** announced
- **Primary source:** [Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure](https://www.prnewswire.com/news-releases/movantis-integrates-with-the-stellar-network-to-expand-its-cross-border-payments-infrastructure-302922300.html) — PR Newswire

## 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.

## Editorial remark

- **Context:** Cross-border remittance providers have increasingly piloted stablecoins on high-throughput networks to avoid pre-funding accounts and bypass standard banking operating hours.
- **Impact:** Fintechs and remittance firms routing payments into El Salvador can achieve around-the-clock settlement without requiring end users to directly manage crypto assets.
- **Watch:** Movantis's timeline for rolling out the Stellar-based USDC settlement rail to broader business corridors across Latin America, Asia, and Europe.

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](https://basisdesk.news/analysis/visa-stripe-okx-expand-stablecoin-settlement) 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. [Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure](https://www.prnewswire.com/news-releases/movantis-integrates-with-the-stellar-network-to-expand-its-cross-border-payments-infrastructure-302922300.html) — PR Newswire, 2026-10-28

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai