Stellar Partners with Movantis for USDC Payments to El Salvador
Stellar will serve as a settlement option for USDC payments between the US and El Salvador through Movantis' platform.
Stellar will serve as a settlement option for USDC payments between the US and El Salvador through Movantis' platform. USDC (USDC) is trading at ₹95.25 ($0.9995). This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Thu, 29 Oct 2026 20:00:01 UTC.
This partnership expands Stellar's use in cross-border payments and strengthens USDC's presence in emerging markets, potentially increasing transaction volume and liquidity on the Stellar network.
- Movantis integrates Stellar for USDC payments to El Salvador
- Stellar's TVL rose 18.1% in the past week to $127.38M
- USDC market cap remains stable at $71.49B
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- Stellar Partners with Movantis for USDC Payments to El Salvador — this brief
On October 29, Movantis and the 
Stellar Development Foundation announced a partnership to integrate Stellar as a settlement option for 
USDC payments between the US and El Salvador. This integration will allow Movantis to utilize Stellar's blockchain for cross-border transactions, potentially improving speed and efficiency.
Stellar's total value locked (TVL) has seen a significant increase of 18.1% over the past week, reaching $127.38 million according to DeFiLlama. This growth suggests increased activity and interest in the Stellar network.
USDC, the stablecoin that will be used for these transactions, has a circulating supply of $71.57 billion, with its market cap remaining stable at $71.49 billion. The coin's price has shown minimal movement, with a 0.01% decrease in the past 24 hours.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.77 trillion. 
Bitcoin, the leading cryptocurrency, has experienced a slight 0.42% decrease in the past 24 hours, while the Fear & Greed Index stands at 51, indicating a neutral market sentiment.
This partnership highlights Stellar's growing role in the cross-border payments sector and could lead to increased adoption of USDC in emerging markets. Observers should watch for further developments in Stellar's TVL and USDC transaction volume on the network.
Since this brief published about 1 hour ago, USDC (USDC) has moved from ₹95.25$0.9995 to ₹95.25$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 Token Times'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 ≈ ₹104.17 (about $0.9995), down 0.0% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian 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.
Token Times 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 Partners with Movantis for USDC Payments to El Salva — questions & answers
What is the purpose of the Movantis-Stellar partnership?
The partnership aims to enable USDC payments on the Stellar network for transfers between the US and El Salvador.
How has Stellar's TVL changed recently?
Stellar's TVL increased by 18.1% in the past week to $127.38 million.
What is the current market cap of USDC?
USDC's market cap is $71.49 billion.
How much is 1 USDC worth in rupee today?
About ₹104.17 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9995. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.