Stellar Network to Support USDC Payments via Movantis' New Payment Corridor
Movantis integrates Stellar as a settlement option for US–El Salvador payments using USDC.
Movantis integrates Stellar as a settlement option for US–El Salvador payments using USDC. USDC (USDC) is trading at $0.9995. This is an original TLT brief based on reporting by NewsBTC, with live market data added, as of Thu, 29 Oct 2026 20:15:01 UTC.
This integration expands Stellar's use case in cross-border payments and strengthens USDC's presence in Latin America, potentially increasing transaction volume and liquidity on the Stellar network.
- Movantis adds Stellar as a settlement option for US–El Salvador payments.
- USDC will be the stablecoin used for transactions on the new corridor.
- Stellar's TVL rose 18.1% in the past week to $127.31M.
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- Stellar Network to Support USDC Payments via Movantis' New Payment Corridor — this brief
On October 29, Movantis and the 
Stellar Development Foundation announced a partnership to integrate Stellar as a settlement option in Movantis' multi-rail payment system. This new corridor will facilitate US–El Salvador transfers using 
USDC as the stablecoin.
The integration of Stellar into Movantis' payment system is expected to enhance the efficiency of cross-border transactions between the US and El Salvador. USDC, with a current circulating supply of $71.65 billion, will be the stablecoin of choice for these transactions, leveraging Stellar's blockchain for settlement.
Stellar's Total Value Locked (TVL) has seen a significant increase of 18.1% over the past week, reaching $127.31 million, according to DeFiLlama. This growth indicates a rising interest in the network, potentially bolstered by this new partnership.
The broader crypto market remains relatively flat, with a total market cap of $2.77 trillion. 
Bitcoin is down 0.42% in the last 24 hours, while the Fear & Greed Index stands at 51, indicating a neutral market sentiment.
USDC, currently priced at $0.99948, has shown minimal movement, while Stellar's XLM is down 1.39% in the last 24 hours. The integration of Stellar into Movantis' payment system could positively impact XLM's price if the corridor sees significant transaction volume.
Since this brief published about 1 hour ago, USDC (USDC) has moved from $0.9995 to $0.9995 — +0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₦1,379.84 (about $0.9995), down 0.0% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Stellar Network to Support USDC Payments via Movantis' N — questions & answers
What is the purpose of the new payment corridor?
The corridor aims to facilitate US–El Salvador transfers using USDC on the Stellar network.
Why was USDC chosen for the new payment corridor?
USDC was chosen due to its widespread adoption and stability, with a circulating supply of $71.65 billion.
How might this affect Stellar's price?
Increased transaction volume on the Stellar network could positively impact XLM's price, but this depends on the corridor's adoption.
How much is 1 USDC worth in naira today?
About ₦1,379.84 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9995. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.