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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

$2,478.83

+0.93%

$2,478.83

+0.93%

(24s)

24h Volume

$4,141,922,112.95

24h H/L

$2,485.34 / $2,444.47

Change: $40.87 (1.67%)

Long/Short

60.2%

Long: 60.2%Short: 39.8%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,478.84

▲ 0.94%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,478.84

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):63.9

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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