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Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure

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Announced at Meridian 2026 in Lisbon, the integration adds the Stellar network to Movantis’s multi-rail infrastructure, starting with USDC settlement for cross-border flows from the United States to El Salvador.

LISBON, Portugal, Oct. 28, 2026 /PRNewswire/ — At Meridian 2026, the Stellar Development Foundation’s flagship annual conference, Movantis, the unified financial infrastructure platform that enables businesses to move value across global markets, announced an integration with the Stellar network.

The collaboration adds the Stellar network as an additional digital settlement rail within Movantis’s architecture. The Stellar network accelerates the digital settlement leg, while Movantis leverages its connections to regulated local infrastructure and partners for liquidity, fiat conversion where needed, and last-mile payout.

For Movantis, the integration is part of a broader multi-rail strategy. Traditional banking infrastructure, local payment systems and digital settlement rails each play a role, giving the platform greater flexibility and resilience across markets. The Stellar network provides an additional blockchain rail for digital settlement, while Movantis connects that settlement layer with regulated markets and local payout infrastructure.

The first planned use case will focus on movement of value from the United States to El Salvador. Through its regulated subsidiaries, Movantis plans to use USDC on the Stellar network as the settlement leg, with local partners supporting conversion and last-mile payout. As a dollarized economy, El Salvador is a natural starting point: value settles in USDC and is paid out to recipients in US dollars, with no additional currency exposure along the way.

For businesses and end users, the blockchain layer stays behind the scenes. They continue to use familiar currencies and payment experiences, while the settlement leg runs 24/7, including weekends and holidays. That can reduce the capital remittance companies and businesses need to keep prefunded in the corridor.

The integration is also designed to work in the other direction. Businesses operating on the Stellar network will be able to reach recipients in Latin America through Movantis, settling in stablecoins and paying out locally. Remittance companies, fintechs and wallets will be able to access the corridor through the same Movantis integration they already use for other markets.

“Cross-border payments do not need one winning rail. They need infrastructure that can use the right rail for each leg of the transaction,” said Robert Gatto, Chief Revenue Officer of Movantis. “Stellar gives us another efficient way to settle, and our job is making sure that speed turns into dollars a business or a family can actually use in El Salvador.”

“Movantis has spent two decades building local partnerships and payout networks designed to make cross-border payments work across the Americas, and that is exactly the kind of foundation the Stellar network was built to support,” said Jose Fernandez da Ponte, President and Chief Growth Officer at the Stellar Development Foundation. “Integrating the Stellar network as a settlement option, starting with the U.S.-to-El Salvador corridor, is designed to support faster and more efficient settlement for the businesses and people who rely on these flows every day.”

Digital rails are new. Moving money across borders is not. For more than 20 years, Movantis has done the hard part in some of the most complex markets in the Americas: procuring licenses and building the local partnerships, liquidity and last-mile payout that make cross-border payments work. Today, its network moves more than $60 billion a year across more than 200 million transactions and over 90,000 payout locations. The Stellar network now plugs into that foundation.

Beyond El Salvador, Movantis expects the architecture to support additional B2B and consumer flows, including for businesses in Europe, Asia and across Latin America that want to operate in the region through a single integration. The goal is not to replace existing rails, but to add another settlement option to Movantis’s multi-rail infrastructure through Institutional Stablecoin Settlement, which gives companies one integration to collect, convert, settle and pay out across Latin America, in fiat or stablecoin.

About Movantis

Movantis is a trademark used to represent the collective capabilities, products and services offered by Transnetwork LLC and its subsidiaries. The Movantis-branded companies provide unified financial infrastructure that enables businesses to move value across global markets through one integration. Built on more than 20 years of experience across the Americas, the platform supports more than 200 million annual transactions, connectivity across 130+ countries, and more than 90,000 payout locations. Through its infrastructure, locally regulated entities and authorized partners, Movantis connects global financial ecosystems with local market access, supporting cross-border and embedded operations across multiple markets. All services described are provided by locally regulated entities or authorized partners, subject to applicable laws and regulations in each jurisdiction. Move Value. Unlock Growth. www.movantis.com.

About the Stellar Network

The Stellar network is a decentralized, fast, and scalable blockchain built for financial products and services. It enables smart contracts and supports issuing, managing, and moving real-world regulated assets at institutional scale.

Assets can be fully decentralized or configured for KYC, clawbacks, and sanctions compliance.

Open means no vendor lock-in. Configurable means enterprise-ready. The Stellar network has been servicing payments and financial use cases since 2014.

For more information, visit https://stellar.org/foundation.

Media Contacts

Movantis: Sofia Conde, Event Manager and 3rd Party Associations, sofia.conde@movantis.com  

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SKYWORTH Solar Announces Global Launch of Solavita as a Smart Microgrid Brand

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SHENZHEN, China, Oct. 31, 2026 /PRNewswire/ — SKYWORTH Solar has officially announced the global launch of Solavita, its dedicated brand for smart microgrid solutions. Positioned strategically as “A Smart Microgrid Expert for Diverse Energy Scenarios,” Solavita consolidates the company’s extensive solution portfolio and service infrastructure under a unified global identity, building upon its rapidly expanding international footprint.

Addressing Grid Flexibility and Long-Term System Value

The launch comes as electricity systems face growing demands for flexibility. The International Energy Agency’s 2026 mid-year electricity update highlights the importance of flexible resources and more efficient use of infrastructure as renewable generation expands. For customers, the priorities vary by market: managing electricity costs, using more locally generated solar power, or maintaining essential loads where grid supply is unreliable.

“As renewable energy becomes more distributed, the long-term performance of the whole system becomes increasingly important,” said Fan Ruiwu, Chairman of SKYWORTH Solar. “We see that performance as the foundation of our international energy business. With Solavita, we are bringing our capabilities together around a common approach to solution development and service, while working with local partners to adapt delivery to each market. Our focus is on the value these systems provide throughout their life.”

Solutions for Different Energy Needs

To address the dual challenges of grid volatility and operational cost, Solavita engineers its systems around a core architectural philosophy prioritizing grid-forming stability, intelligent automation, cross-generation efficiency, and multi-tier security. Translating these technical principles into practical applications, the brand introduces a comprehensive solution matrix tailored to specific market demands.

For residential users, the SolaHome suite utilizes an advanced Home Energy Management System (HEMS) to seamlessly coordinate rooftop solar, battery storage, and flexible domestic loads like heat pumps and EV chargers. In markets with dynamic electricity tariffs, such as Germany, HEMS automates energy dispatch to capitalize on low-price periods. This practical value is evidenced by a recent residential installation in Jesteburg, Germany, combines 18.9 kW of rooftop solar with 20.48 kWh of battery storage. Solavita reports nearly €50 in electricity-price arbitrage benefits during the first month of dynamic-tariff operation.

Expanding beyond the home, the portfolio scales up with SolaBiz, which integrates distributed solar, commercial storage, and smart dispatch to help factories and retail spaces manage peak-demand costs and safeguard against grid disruptions.

For larger utility and off-grid demands, SolaMatrix delivers scalable, containerized storage and microgrid management focused on stabilizing renewable integration in weak grid environments.

Finally, ensuring energy access in highly mobile contexts, SolaGo offers plug-and-play balcony solar and portable power systems for outdoor activities and critical emergency backup, completing Solavita’s end-to-end coverage of modern energy applications.

Global Engineering Foundation and Ecosystem Delivery

To guarantee the reliable implementation and long-term asset value of these diverse solutions, SKYWORTH Solar underpins Solavita with a robust global engineering foundation.

On the technology front, the Smart Microgrid Technology Centre connects cutting-edge research with product engineering, supported by academic collaborations with Tianjin University and Hainan University. This pipeline is further strengthened by a comprehensive Haikou test platform—scheduled for commissioning by the end of 2026—to rigorously validate grid-connected, islanded, and grid-forming systems.

The InfraCosmos Digital Platform supports lifecycle data management, operational monitoring and fault identification. It connects system information with service and maintenance, helping teams monitor performance and respond to operating issues.

Beyond hardware and software, this foundation extends to flexible supply chain execution and strategic project delivery. Solavita employs F+D+EPC+O (Financing, Development, Engineering, Procurement, Construction, and Operations) framework for large-scale, asset-light project coordination, alongside a localized PD2C cooperation model actively deployed in markets like Germany and Italy to ensure rapid, market-specific service.

These capabilities underpin Solavita’s positioning as a smart microgrid expert, connecting system development with local delivery and ongoing service. The aim is to make integrated energy systems practical to deploy and support in each market.

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TCL Donates Ultra-Low-Power Display System to the Youth Olympic Village, Bringing Advanced Display Technology to Everyday Use

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The donation of the display, featuring TCL CSOT’s high-brightness Field Sequential Color technology, continues TCL’s long-term commitment to the African market

DAKAR, Senegal, Oct. 31, 2026 /PRNewswire/ — TCL, a Worldwide Olympic and Paralympic Partner, donated an ultra-low-power display system powered by solar energy to Université Amadou Mahtar Mbow (UAM) in Senegal. Delivering outdoor brightness at roughly half the power consumption of comparable displays, the system will serve as an information hub on the UAM campus, which will also serve as the Youth Olympic Village during the Dakar 2026 Youth Olympic Games.

Attendees at the donation ceremony included IOC President, Kirsty Coventry; UAM President, Professor Mababa Diagne; Senegal Higher Education Minister, Boubacar Camara; TCL Charity Ambassador, Jacky Heung; and General Manager of TCL Industries’ Middle East and Africa Marketing Division, Naimin Yang.

“Powered by TCL’s advanced display technology, this new display system will create new possibilities for our campus facilities and support development for both students and faculty,” said Professor Diagne.

Advanced Display Technology Delivers Best in Brightness and Efficiency

The donated system features a TCL CSOT 75-inch high-brightness Field Sequential Color (FSC) display capable of delivering 4,000-nit brightness at approximately 300W. By eliminating conventional color filters and generating color through the sequential switching of red, green and blue light, FSC technology enhances light utilization with transmittance over 15%.

The technology reflects TCL CSOT’s continued pursuit of improved display performance and energy efficiency, bringing advanced screens into everyday settings through TCL’s broader Screen Universe vision. Installed at UAM, the display will serve as an outdoor information hub, remaining bright and clear even in direct sunlight.

TCLArt and TCLYoung Champion Local Art and the Next Generation of Creators

Beyond technology, TCL also supports local culture in Dakar through its art-focused initiative, TCLArt. TCL participates in the Yeesal urban art initiative, which works with Senegalese artists and communities to create large-scale public murals. The project supports 43 artists, especially creators under 35, whose works draw inspiration from African athletes, cultural diversity, and youth aspirations. These murals will become permanent features of Dakar’s urban landscape, celebrating local creativity while reflecting TCL’s commitment to the next generation of creative talent through TCLYoung.

From Local Presence to Shared Growth: TCL Deepens its Footprint in Africa

Both the donation and Yeesal partnership build on a presence in Africa stretching back more than two decades. TCL first entered the African market in 2004. Today, TCL TVs and home appliances are sold in nearly 50 African countries across the continent, supported by six sales subsidiaries and three regional business units. TCL continues to strengthen its retail presence across the region, including with the opening of the first TCL brand experience store in Africa in Johannesburg, and the establishment of its own retail and distribution channel in Kenya.

Through its established business network and localized operations, TCL continues to build closer connections with African customers and consumers, combining global technological capabilities with a deeper understanding of local markets to better serve people across the region.

About TCL

Founded in 1981, TCL is dedicated to empowering smarter, healthier lifestyles through next-generation experiences.

Today, with 50 R&D centers and 47 manufacturing bases globally, TCL operates in over 160 countries and regions, reinforcing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category.

https://www.tcl.com/global/en

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GAC Wins 8 Awards, Including 4 First Prizes, Showcasing Technological Innovation Strength

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SUZHOU, China, Oct. 31, 2026 /PRNewswire/ — On October 28, GAC won 8 awards at the 2026 China-SAE Science and Technology Award ceremony in Suzhou, Jiangsu. In the fields of automotive chips, electric drive, vehicle safety, intelligent driving governance and body design, four first prizes were awarded to two GAC-led projects and two GAC-participated projects, and one GAC-led project won second prize.

In chips, GAC’s led project built a full-chain path from vehicle definition to scale application, working with 105 partners to apply nearly 400 chip models and over 1,000 domestic chips. The HYPTEC GT Special Edition, China’s first ICV with 100% domestically designed chips, has been launched.

In electric drive, GAC pioneered mass production of amorphous alloy stators and carbon-fiber high-speed rotors, becoming the world’s only company to mass-produce amorphous alloy automotive motors. Its amorphous ribbon is just 0.025 mm thick. The motor reaches 99.03% peak efficiency, 17.29 kW/kg power density (@1000V)—nearly three times the industry mainstream—and 30,000 rpm maximum speed; system CLTC efficiency reaches 94.184%. For users, energy consumption drops 4%, and range rises 30-50 km with the same battery capacity. It has been applied to HYPTEC, AION and AISTALAND models and promoted to other automakers. The related precision manufacturing technology won the Gold Medal with Congratulations of the Jury at the 51st International Exhibition of Inventions of Geneva.

In safety, the GAC-led project with Tsinghua University won second prize. It developed China’s first ASIL-D fully domestic safety controller, real-time risk quantification, active-suspension side-impact mitigation, a rear-window airbag and an “automaker-traffic police-hospital” integrated rescue model. It has been applied to 20 models with cumulative sales of 1.446 million units.

In addition, GAC’s participated L2-L4 safety governance project helped establish a full-lifecycle system covering pre-admission, in-process supervision and post-event traceability. Its participated BIW project features an AI-based body design system that generates concept schemes within 5 hours, with over 95% stiffness prediction accuracy and over 30% higher design efficiency; it has been applied to the second-generation GAC GS8, GAC ES9 and GAC All-new S7.

Looking ahead, GAC will uphold innovation-driven development, advance core technology breakthroughs and commercialization, and support high-quality development of China’s auto industry.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social.

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