Movantis Taps Circle's Network to Reshape LatAm Cross-Border Payments

HOUSTON and NEW YORK – April 13, 2026 – Financial infrastructure platform Movantis announced today it has joined the Circle Payments Network (CPN), a move set to introduce real-time, stablecoin-based settlements across Latin America and other global markets. The integration marks a significant step in the modernization of cross-border commerce, leveraging digital currency to bypass the slow and costly infrastructure of traditional finance.

Movantis, a powerhouse that already facilitates over $60 billion in annual transactions, will integrate Circle's stablecoin technology into its extensive multi-rail network. This network is supported by over 80,000 payout locations and more than 70 money transfer operators across 130 countries. By adding a stablecoin rail, the company aims to dramatically increase the speed and reduce the cost of international money movement for its enterprise clients.

A New Financial Superhighway for the Americas

The partnership fundamentally enhances Movantis' capabilities by creating a new, digital pathway for value. This isn't just an add-on; it's a strategic upgrade to the core of how money moves between the United States and Latin America. Movantis holds a unique position, operating as a licensed money transmitter in the U.S.—an Originating Financial Institution (OFI)—while also functioning as a Beneficiary Financial Institution (BFI) through locally licensed entities in more than 10 Latin American countries. This dual role allows for seamless, bidirectional payment flows, a critical feature for international trade and remittances.

Enterprises can now initiate transactions in the U.S. that settle almost instantaneously with partners or employees in countries like Mexico, Brazil, or Colombia, and vice-versa. The use of stablecoins, such as USDC, which are digital tokens pegged to the U.S. dollar, eliminates the multi-day settlement periods and high correspondent banking fees that plague traditional wire transfers.

"We're proud to join the Circle Payments Network and expand the real-time compliant payment capabilities we deliver to our clients," said Salvador Yañez, Chief Product Officer at Movantis. "This integration strengthens our financial infrastructure and enables always-on, bidirectional cross-borders payments flows across Latin America and beyond, helping businesses operate and scale with greater speed, confidence, and efficiency."

Circle, the operator of the network, views the integration as a key expansion of programmable payment infrastructure into a vital economic corridor.

"Movantis' integration with Circle Payments Network supports stablecoin-powered payment flows between Latin America and global markets," noted Irfan Ganchi, SVP of Product Management for Payments at Circle. "By operating as both an originating and beneficiary financial institution on CPN, Movantis enables bidirectional value movement and expands access to programmable payment infrastructure across key corridors."

Challenging the Status Quo in a Competitive Market

The Latin American cross-border payments landscape is a fiercely competitive arena where this new offering will be tested. For decades, the market has been dominated by traditional banks, whose services are often characterized by settlement times stretching over several business days and high fees. According to the World Bank, the average cost of sending remittances globally remains stubbornly high at around 6.5%.

In recent years, fintech challengers like Wise and Remitly have gained significant market share by offering more transparent pricing and faster transfers. Concurrently, other blockchain-based firms, most notably Ripple, have also made deep inroads in the region, promoting their own digital asset solutions to solve the same cross-border friction.

Movantis' strategy is to differentiate itself by combining its vast, established physical and digital payout network with the cutting-edge efficiency of stablecoins. This hybrid model offers a powerful proposition: the speed and low cost of blockchain with the trust and reach of a regulated financial institution. Stablecoin transactions can settle in minutes, 24/7, with fees often falling below 1%. This dramatic reduction in both time and cost directly addresses the primary pain points for businesses engaged in international commerce.

Powering the Digital Economy from Freelancers to Enterprises

The tangible benefits of this integration extend across the economic spectrum. For large enterprises, the ability to manage liquidity in real-time and execute instant B2B payments can unlock significant working capital and improve supply chain efficiency. However, the impact may be most profound for the region's burgeoning digital and gig economies.

Latin America is home to a rapidly growing population of freelancers, remote workers, and small digital businesses that rely on timely international payments for their livelihood. This new infrastructure enables companies to execute global payroll and mass disbursements with unprecedented speed and reliability, ensuring gig workers in Colombia or software developers in Brazil are paid on time, without losing a significant portion to fees.

Furthermore, the partnership enhances Movantis' ability to offer embedded financial services. Fintech platforms, digital marketplaces, and online lenders can now integrate API-driven solutions for real-time wallet top-ups, instant disbursements, and other stablecoin-powered financial products, accelerating innovation across the region.

"This partnership represents more than a new payment rail; it's a step toward redefining how global money movement operates," said Ronald Alvarenga, Chief Innovation Officer at Movantis. "We're building the foundation for modern money movement: one that is real-time, policy-driven, compliant by design, and globally interoperable."

Navigating a Complex Regulatory Maze

Deploying a stablecoin-based payment solution in Latin America requires navigating a fragmented and rapidly evolving regulatory landscape. Each country presents unique challenges and opportunities. Brazil, for instance, is preparing to implement a comprehensive regulatory framework in 2026 that will treat stablecoin transactions as foreign exchange operations, bringing them under central bank supervision. While this adds a layer of compliance, it also provides crucial legal certainty.

In contrast, Mexico, a massive remittance market, currently has a "regulatory vacuum" concerning stablecoins, creating both uncertainty and immense opportunity. Meanwhile, Colombia has emerged as a regional leader in digital asset adoption, fostering innovation through a regulatory sandbox overseen by its financial superintendency.

Movantis' strategy appears custom-built for this complexity. Its reliance on locally licensed entities ensures adherence to country-specific rules, while its partnership with Circle provides an additional layer of regulatory assurance. Circle is one of the world's most licensed digital currency firms, with approvals in the U.S., the European Union under its MiCAR framework, Singapore, and the U.K. This compliance-first approach is essential for building trust with regulators and large enterprise clients, positioning the partnership not just as a technological advancement, but as a durable and scalable solution for the future of global finance.