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via CoinDesk · By CoinDesk Staff

Ethereum (ETH) news: Movement pivots to stablecoin payments as the layer-2 boom loses momentum

ETH

ETH/USDT

$1,880.81

+0.02%

$1,880.81

+0.02%

(24s)

24h Volume

$1,614,837,583.53

24h H/L

$1,886.58 / $1,877.01

Change: $9.57 (0.51%)

Long/Short

66.9%

Long: 66.9%Short: 33.1%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.82

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.51

Price$1,880.82

Support 1$1,853.62

Support 2$1,792.05

Support 3$1,712.62

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

CoinDesk Staff

(01:00 PM UTC)

1 min read

Updated byDavid Kim

0 comments

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

Movement, a project originally designed to link blockchains built using the Move programming language with Ethereum, is pivoting toward cross-border payments, remittances and dollar savings…

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CoinDesk Staff · CoinDesk

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