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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

$2,691.14

-0.04%

$2,691.14

-0.04%

(24s)

24h Volume

$10,542,488,298.97

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

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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