movement (MOVE)

So it's kinda surprising that @movement_xyz is pivoting from “another Move L1” to a stablecoin settlement + yield layer for emerging markets, but here's the quick breakdown: ➠ New focus: - Cross-border payments & remittances - Stablecoin settlement - Dollar savings/yield where rails are slow/expensive (LatAm, West Africa, SE Asia, Gulf, US–Mexico) ➠ Builder stack (launch compliant products without building every rail): - USDCx → native stablecoin, 1:1 backed by USDC - MovePosition → lending/borrowing money markets - Canopy → vault interface for partners to ship yield/savings fast ➠ Partners building: - @KASTxyz - @Circle (USDCx) - @sortedwallet - @YuzuMoneyX - @orogoldapp - @zothdotio - @NEARProtocol Intent - @avantprotocol With the new change, Movement Network Foundation did a 19% investor $MOVE buyback (~4.2% of supply) after earlier turbulence. ➠ My honest take: Bull: - Fast finality + asset-safety fits payments - Partner-led regulatory access lowers friction - Canopy adds stickiness beyond transfer

So it's kinda surprising that @movement_xyz is pivoting from “another Move L1” to a stablecoin settlement + yield layer for emerging markets, but here's the quick breakdown: ➠ New focus: - Cross-border payments & remittances - Stablecoin settlement - Dollar savings/yield where rails are slow/expensive (LatAm, West Africa, SE Asia, Gulf, US–Mexico) ➠ Builder stack (launch compliant products without building every rail): - USDCx → native stablecoin, 1:1 backed by USDC - MovePosition → lending/borrowing money markets - Canopy → vault interface for partners to ship yield/savings fast ➠ Partners building: - @KASTxyz - @Circle (USDCx) - @sortedwallet - @YuzuMoneyX - @orogoldapp - @zothdotio - @NEARProtocol Intent - @avantprotocol With the new change, Movement Network Foundation did a 19% investor $MOVE buyback (~4.2% of supply) after earlier turbulence. ➠ My honest take: Bull: - Fast finality + asset-safety fits payments - Partner-led regulatory access lowers friction - Canopy adds stickiness beyond transfer

So it's kinda surprising that @movement_xyz is pivoting from “another Move L1” to a stablecoin settlement + yield layer for emerging markets, but here's the quick breakdown: ➠ New focus: - Cross-border payments & remittances - Stablecoin settlement - Dollar savings/yield where rails are slow/expensive (LatAm, West Africa, SE Asia, Gulf, US–Mexico) ➠ Builder stack (launch compliant products without building every rail): - USDCx → native stablecoin, 1:1 backed by USDC - MovePosition → lending/borrowing money markets - Canopy → vault interface for partners to ship yield/savings fast ➠ Partners building: - @KASTxyz - @Circle (USDCx) - @sortedwallet - @YuzuMoneyX - @orogoldapp - @zothdotio - @NEARProtocol Intent - @avantprotocol With the new change, Movement Network Foundation did a 19% investor $MOVE buyback (~4.2% of supply) after earlier turbulence. ➠ My honest take: Bull: - Fast finality + asset-safety fits payments - Partner-led regulatory access lowers friction - Canopy adds stickiness beyond transfer

So it's kinda surprising that @movement_xyz is pivoting from “another Move L1” to a stablecoin settlement + yield layer for emerging markets, but here's the quick breakdown: ➠ New focus: - Cross-border payments & remittances - Stablecoin settlement - Dollar savings/yield where rails are slow/expensive (LatAm, West Africa, SE Asia, Gulf, US–Mexico) ➠ Builder stack (launch compliant products without building every rail): - USDCx → native stablecoin, 1:1 backed by USDC - MovePosition → lending/borrowing money markets - Canopy → vault interface for partners to ship yield/savings fast ➠ Partners building: - @KASTxyz - @Circle (USDCx) - @sortedwallet - @YuzuMoneyX - @orogoldapp - @zothdotio - @NEARProtocol Intent - @avantprotocol With the new change, Movement Network Foundation did a 19% investor $MOVE buyback (~4.2% of supply) after earlier turbulence. ➠ My honest take: Bull: - Fast finality + asset-safety fits payments - Partner-led regulatory access lowers friction - Canopy adds stickiness beyond transfer

https://t.co/jtwS4S3FWX

$MOVE has been launched before launching Mainnet. 80% of airdrop receivers were connected to a single entity. An initially promised 10% of the supply was reduced to 1%. Rushi (CEO of Movement) lied, saying he raised his last round pre-TGE at $1B when in reality the valuation was just $250M. The team pushed a $100M OTC round led by @coinfund, but they backed off after hearing about all the scams and never got back to them. Its MMs extracted $38M just at TGE. Do you expect @canopyxyz to go another, non-crime way?

We've acquired Canopy, the vault layer on Movement. Canopy (@canopyxyz) has been a core part of our ecosystem since very early in its development, and bringing their vault infrastructure in-house is key to building a full Move-powered financial stack. More to come.