Hesab, a global digital payments platform, has selected Movement, a blockchain network for stablecoin payments, as the exclusive payments layer for its new Global Self-Custody Bank. Movement provides real-time stablecoin payments and access to regulated payment rails in the United States, Canada, and the European Union.
The platform also includes DFNS, a provider of non-custodial wallet infrastructure, Circle, the issuer of the USDC stablecoin, and Tether, the company behind USDT. DFNS allows users to manage their own wallets without managing seed phrases, and Circle and Tether support stablecoin transfers and liquidity across various payment channels.
Hesab currently operates in over 160 countries and supports over 20 funding methods including bank transfers, debit cards, credit cards, Apple Pay, and Google Pay. According to the company, this new infrastructure aims to make international payments faster, cheaper and more accessible to users in developing markets.
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