$60 billion a year moves through Movantis. Now it moves on stablecoin rails too.
Latin America has a payments problem.
Not a lack of demand. Not a lack of technology. A lack of infrastructure that connects the two reliably, cheaply, and in real time across borders where traditional correspondent banking is slow, expensive, and often unavailable to the businesses and workers who need it most.
On April 13, 2026, Movantis announced it has joined the Circle Payments Network, adding stablecoin-based settlement to a financial infrastructure platform that already moves over $60 billion annually across 130-plus countries through more than 80,000 payout locations and 70-plus money transfer operators.
This is not a startup finding its first payment rail.
It is an established cross-border payments infrastructure adding a faster, cheaper, always-on layer to what already works at scale.
What Movantis actually is and why the scale matters
Movantis is built on the foundation of Transnetwork LLC, incorporated in the US in 2002. Over more than two decades it has absorbed and integrated specialized companies including Spectrum, Inswitch, and Appriza, building a platform that combines payments, foreign exchange, card issuing, wallet infrastructure, and both traditional and digital financial rails into a unified system.
The numbers reflect that maturity. $60 billion in annual flows. 80,000-plus payout locations. 70-plus money transfer operator partnerships. Presence across 130-plus countries. Consumer-facing brands across Latin America with deep local market access.
That foundation matters because the hardest part of cross-border payments in emerging markets is not the technology at the center. It is the last-mile connectivity at the edges. Getting money from a digital rail into the hands of a gig worker in Colombia, a small business in Peru, or a freelancer in Mexico requires local licensing, local banking relationships, and local payout infrastructure that takes years to build.
Movantis has that infrastructure. It is adding stablecoin rails on top of it.
What joining the Circle Payments Network actually enables
Circle Payments Network is a coordination layer that connects participating financial institutions around the world to facilitate stablecoin-based cross-border transactions. CPN does not hold funds or manage accounts. It connects licensed financial institutions directly to each other for settlement. The settlement happens between the institutions in stablecoins, primarily USDC.
Movantis operates as both an Originating Financial Institution in the United States as a licensed money transmitter, and as a Beneficiary Financial Institution in multiple Latin American countries through locally licensed entities. That dual positioning means bidirectional flows. A business in the US can initiate a stablecoin payment to a counterpart in Colombia. A business in Mexico can receive stablecoin settlement from a counterpart in Europe. Both directions, real time, with off-ramp capabilities in more than 10 Latin American countries.
The practical consequences for enterprise clients are significant. Real-time settlement replaces the T+1 or T+2 delays of traditional correspondent banking. 24/7 availability replaces the business-hours limitations of conventional payment systems. Reduced FX slippage and lower correspondent banking fees improve unit economics for high-volume cross-border operations.
According to the World Bank’s Remittance Prices Worldwide database, the average cost of sending $200 to Latin America remains above 5% through conventional channels, with higher costs in corridors where correspondent banking relationships are thin. Stablecoin settlement on compliant rails consistently demonstrates cost advantages in these corridors, which is why both enterprise clients and regulators are paying attention.
Latin America is the right geography for this at the right moment
The region processes enormous volumes of cross-border payments. Remittances to Latin America and the Caribbean exceeded $160 billion in 2024 according to the Inter-American Development Bank. Business-to-business cross-border payments, gig economy disbursements, and platform payroll payments add significantly to that figure.
At the same time, Latin America has some of the highest payment infrastructure gaps in the world. Significant portions of the workforce remain underbanked or unbanked. Digital wallets have penetrated deeply in several markets, creating a population that can receive digital payments but may lack access to traditional bank accounts. The combination of high payment volumes, high infrastructure gaps, and growing digital wallet penetration makes the region the most natural market for compliant stablecoin payment infrastructure anywhere in the world.
Movantis’s consumer-facing brands across Latin America give CPN-enabled stablecoin payments direct access to that end-user base. That last-mile connection is what most global stablecoin payment initiatives lack.
The compliance architecture is what makes this deployable at enterprise scale
Stablecoin payments have existed for years. What has limited enterprise adoption is not the technology. It is the compliance framework around it.
Movantis’s position as a licensed money transmitter in the US and through locally licensed entities across Latin America provides the regulatory scaffolding that enterprise clients require before integrating any payment rail into their operations. API-driven infrastructure delivered through licensed and authorized entities, with compliance built into the design rather than added as an afterthought, is the specific combination that unlocks adoption from banks, fintechs, marketplaces, and digital lenders.
That architecture is what Circle Payments Network was designed to require from its participants. The CPN rules mandate that participating institutions operate as regulated financial entities within their jurisdictions. Movantis’s licensing footprint across the Americas satisfies that requirement with room to expand.
Sources
- World Bank — Remittance Prices Worldwide
- Inter-American Development Bank — Remittances Latin America 2024
- Circle — Circle Payments Network
- Movantis — Official Website
Editorial disclosure
This article is based on a press release issued by Movantis and has been independently rewritten and editorially expanded. It covers Movantis’s participation in the Circle Payments Network for stablecoin-based cross-border payment settlement. This article discusses financial infrastructure, stablecoin payment rails, and cross-border payments technology. Stablecoin transactions carry technological, regulatory, and financial risk. This article does not constitute financial or investment advice. Market context is sourced from the World Bank and the Inter-American Development Bank. Commentary reflects the author’s own assessment. The information provided on this website is for informational and educational purposes only. Our content is derived strictly from verified online sources to ensure accuracy and objectivity. This analysis does not constitute financial, investment, or professional advice. Readers are encouraged to consult with qualified professionals before making decisions based on this information. For more information, please see our full DISCLAIMER.
