Connect with us

Technology

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

Published

on

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  

View original content to download multimedia:https://www.prnewswire.com/news-releases/movantis-integrates-with-the-stellar-network-to-expand-its-cross-border-payments-infrastructure-302922300.html

SOURCE Movantis

Continue Reading

Technology

Shenzhen Unveils APEC China 2026 Host-City Theme Song and Music Video

Published

on

By

SHENZHEN, China, Nov. 1, 2026 /PRNewswire/ — The host-city theme song for APEC China 2026, Meet You Where Wonders Bloom (在奇迹之城遇见你), was produced by the Publicity Department of the CPC Shenzhen Municipal Committee and created by Shenzhen Media Group. Written and composed by He Muyang, Vice Chairman of the Chinese Musicians Association and a Shenzhen-based musician, the song is performed by popular singers Jane Zhang and Joseph Zeng. With its fresh, youthful pop sound, the song tells the stories of ordinary dreamers, weaving together personal aspirations, Shenzhen’s remarkable development, and the broader vision of Asia-Pacific cooperation.

Released alongside the song, the music video goes beyond showcasing Shenzhen’s cityscape to put people at the heart of the story. Through the experiences of people from all walks of life, particularly young people and those from overseas, it captures the energy and appeal of Shenzhen, the City of Miracles, and its warm welcome to the world. Running 4 minutes and 45 seconds, the video features 176 shots filmed across Shenzhen, with more than 100 residents appearing on screen. From location coordination and filming support to bringing participants together, the production was a citywide effort. More than just a music video, it became a shared expression of Shenzhen’s enthusiasm as APEC host city.

From a refreshing melody to a city ready to welcome the world, Shenzhen is embracing its role as APEC host with openness and inclusiveness, extending a warm invitation to guests from near and far to gather in Shenzhen.

View original content to download multimedia:https://www.prnewswire.com/news-releases/shenzhen-unveils-apec-china-2026-host-city-theme-song-and-music-video-302925715.html

SOURCE Shenzhen Media Group

Continue Reading

Technology

Shenzhen Unveils APEC China 2026 Host-City Theme Song and Music Video

Published

on

By

SHENZHEN, China, Nov. 1, 2026 /PRNewswire/ — The host-city theme song for APEC China 2026, Meet You Where Wonders Bloom (在奇迹之城遇见你), was produced by the Publicity Department of the CPC Shenzhen Municipal Committee and created by Shenzhen Media Group. Written and composed by He Muyang, Vice Chairman of the Chinese Musicians Association and a Shenzhen-based musician, the song is performed by popular singers Jane Zhang and Joseph Zeng. With its fresh, youthful pop sound, the song tells the stories of ordinary dreamers, weaving together personal aspirations, Shenzhen’s remarkable development, and the broader vision of Asia-Pacific cooperation.

Released alongside the song, the music video goes beyond showcasing Shenzhen’s cityscape to put people at the heart of the story. Through the experiences of people from all walks of life, particularly young people and those from overseas, it captures the energy and appeal of Shenzhen, the City of Miracles, and its warm welcome to the world. Running 4 minutes and 45 seconds, the video features 176 shots filmed across Shenzhen, with more than 100 residents appearing on screen. From location coordination and filming support to bringing participants together, the production was a citywide effort. More than just a music video, it became a shared expression of Shenzhen’s enthusiasm as APEC host city.

From a refreshing melody to a city ready to welcome the world, Shenzhen is embracing its role as APEC host with openness and inclusiveness, extending a warm invitation to guests from near and far to gather in Shenzhen.

View original content to download multimedia:https://www.prnewswire.com/news-releases/shenzhen-unveils-apec-china-2026-host-city-theme-song-and-music-video-302925715.html

SOURCE Shenzhen Media Group

Continue Reading

Technology

Context Labs AI Distillery™ Lets Enterprises Run Sovereign AI on Data They Own

Published

on

By

Company launches the Context Engine for trusted sovereign AI, which packages an enterprise’s own data with verified lineage for use with the frontier or open-weight model the enterprise chooses.

ABU DHABI, United Arab Emirates, Nov. 1, 2026 /PRNewswire/ — Context Labs B.V. (“Context Labs”), the AI Data Infrastructure company, today launched the Context Labs AI Distillery™, the Context Engine for trusted sovereign AI. The AI Distillery converts an enterprise’s operational and business data into a governed Context Package that the enterprise owns, creating their own protected competitive moat. Every answer an AI model draws from the package is traced to its source records, and the package works with the frontier or open weight model the customer chooses, inside the customer’s own environment.

Analysts have quantified the obstacle to scaling enterprise AI. Gartner predicts that through 2026 organizations will abandon 60% of AI projects unsupported by AI-ready data, and that over 40% of agentic AI projects will be canceled by the end of 2027. McKinsey reports that eight in ten companies name data limitations as the barrier to scaling AI agents. Gartner has also described what enterprises now need: software that lets teams construct, govern and deliver semantically organized knowledge to AI agents, built on ontologies and knowledge graphs.

 The Context Labs AI Distillery™ is designed around six outcomes:

Own your IP. An enterprise’s knowledge, know-how and operating context stay inside a Context Package that only it controls and are not used to train third-party AI models.

Own your AI. The intelligence employees create in everyday use accrues to the enterprise, not to a model provider, and grows with every interaction.

Trusted, provable answers. Every output carries its data lineage and decision provenance, so answers can be verified, audited, and defended.

Build, protect and scale a proprietary competitive asset. The Context Package captures how the enterprise describes and runs its operations, starting with one facility and extending to others without rebuilding.

Sovereign by design. The AI Distillery runs inside the customer’s own data center or chosen cloud, so data stays where the customer decides.

Freedom of model choice, at lower cost. Customers can use any frontier or open-weight model and switch models without rebuilding the Context Package. Precise, verified context reduces the tokens each query uses.

The AI Distillery works in three steps: distill, package, and prove. It maps an enterprise’s structured and unstructured data to industry-specific ontologies, stores the result in a Context Package with cryptographic provenance, and checks answers against the company’s own records before any model goes into production. Work that has typically required teams of specialist engineers becomes a guided, governed workflow.

Context Agents and the Semantic Context Tunnel. Context Agents answer operational, commercial and compliance questions from the enterprise’s Context Package, with every figure traced to its source. The Semantic Context Tunnel brings the same context into the AI assistant employees already use. Both work within the access controls the enterprise sets.

“Models come and go. An enterprise’s context should not,” said Dan Harple, Founder, Chairman and CEO of Context Labs. “Frontier models will keep improving, but they do not supply governance, provenance or trust, and they should not absorb the knowledge that makes a company competitive. The AI Distillery gives enterprises a moat they own: their own context, proven and protected, working with whichever model they choose. That is how our customers own their IP and own their AI.”

At ADIPEC 2026, Context Labs is demonstrating the AI Distillery on energy-sector use cases, in which a Context Agent answers operational questions with every figure traced to the underlying plant records. Context Labs is located Arab Development Group stand, Stand #5240, Hall 5 and in the Dell AI Factory with NVIDIA, AI Zone, Hall 13.

Availability. The Context Labs AI Distillery™ is available now through the Microsoft Marketplace. Each enterprise license includes an industry starter kit to accelerate time to value. Companies can request a briefing or technical working session at contextlabs.com/distillery.

About Context Labs B.V.

Context Labs is an AI Data Infrastructure company delivering the Context Engine for Trusted and Secure Sovereign AI. Its platform turns complex, fragmented operational, engineering and enterprise data into continuously verified, auditable information that AI systems, people and markets can trust. Built on an extensible library of industry-specific ontologies that map to established standards published by ISO and other standards bodies, the platform is deployable across sectors, with use-case applications delivering decision-ready intelligence on a common foundation. The Context Labs AI Distillery™ lets enterprises run sovereign AI inside their own data centers, so they own their IP and own their AI. Formed out of MIT research and led by a team that helped drive the at-scale growth of the Internet, Context Labs has offices in Amsterdam, Cambridge (Mass.), Houston and Abu Dhabi. Learn more at www.contextlabs.com.

Media contact
press@contextlabs.com | 1-617-902-0932 | contextlabs.com/resources

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/context-labs-ai-distillery-lets-enterprises-run-sovereign-ai-on-data-they-own-302925657.html

Continue Reading

Trending