Palo Alto, California, August 7th, 2026, Chainwire

Launch allows Mexican families to send money home from the U.S. instantly via WhatsApp across the largest remittance corridor in the world without requiring a bank account or app download  

Global, on-chain payments network Movement has announced a partnership with New Jersey-based Mexico remittance expert El Vecino and on-chain wallet provider RISE to power a digital-dollar service that lets customers hold their own money and send it home in seconds through WhatsApp.

Leveraging El Vecino’s 19 years of experience in US-to-Mexico physical remittances, RISE’s wallet capabilities and LATAM network, and Movement’s access to regulated, sub-second payment rails, the partnership enables stablecoin-settled transfers to be sent to Mexico almost instantly, giving customers a simple way to initiate transfers without opening a bank account or downloading an app.

Rather than having to visit a physical location to initiate every cash transfer, El Vecino customers can now begin the process through the familiar WhatsApp messenger. Funds settle in seconds before recipients cash out through Mexico’s extensive OXXO and Circle K retail networks, or receive funds directly via the country’s SPEI banking system. 

Currently, El Vecino processes approx 25,000 transactions per month valued at $70 million annually through remittances, international and domestic bill payments, check cashing, and more – with 85% of transactions heading to Mexico.

The new WhatsApp service will first be trialled among El Vecino’s 20,000 users before being rolled out through RISE’s network to an estimated 800,000 in the second phase. This and future phases will look beyond Mexico to LATAM regions including Guatemala and El Salvador.

Founder of RISE Richard Mas will be appearing live from the New York Stock Exchange on Pulso Del Mercado, one of the region’s most influential news segments, to speak about the partnership on Tuesday, August 11, at 11:30 am EST. 

The launch meets the growing demand for accessible cross-border payment solutions across the U.S.- Mexico corridor, which forms the world’s largest remittance route, through which over $62 billion passed in 2024. [Source].

The ability to send money home through a trusted local provider is a financial lifeline for Mexican migrant families, with the Movement-engineered solution streamlining a process that has traditionally entailed cash handling and multi-day settlement times.

Torab Torabi, CEO of on-chain global payments network Movement, says: “For too long, Mexicans have often struggled to send hard-earned money back home. Partnering with El Vecino and RISE will address this imbalance while proving the versatility and reliability of stablecoins as a settlement mechanism. In doing so, we’re also proud to be demonstrating that regulated blockchain infrastructure can modernize one of the world’s busiest remittance corridors.”

Mike Burns, founder of El Vecino added: “El Vecino has been built on the trust brought by face-to-face interaction. Families rely on us because they know we’ll help them support their loved ones back home. The partnership with RISE and Movement allows us to bring that built trust to a remote digital vehicle that provides the same safeguards and surety that money sent will reach home. Technology should make life easier, and that’s exactly what this collaboration achieves.”

Richard Mas, founder of RISE says: “Every year, tens of billions of dollars cross from the United States into Mexico, most of it earned far from home by people the banking system overlooked. El Vecino spent 19 years earning trust at the counter, one household at a time, and we are proud to join Movement in giving those customers access to new, safe and compliant digital solutions.”

Powered by Movement’s access to licensed payment infrastructure, El Vecino’s new WhatsApp service replaces the traditional chain of correspondent banks with blockchain-based settlement while maintaining full regulatory compliance. This model removes the need for pre-funded liquidity and reduces settlement from days to seconds without the hidden costs often associated with legacy cross-border payment rails.

Movement’s globally licensed payment infrastructure, which spans the United States, Canada, and Europe, will provide El Vecino with compliant fiat on- and off-ramps that have historically been difficult for community remittance providers to access.

The collaboration between Movement, El Vecino and RISE demonstrates how established community operators can adopt institutional-grade blockchain payment infrastructure without the complexity of self-development and management. Combining El Vecino’s local relationships with Movement’s access to a regulated settlement network has yielded a model that could potentially be replicated by remittance providers serving immigrant communities worldwide.

About Movement

Movement provides access to globally licensed and regulated blockchain payment infrastructure that enables businesses to move money across borders using compliant stablecoin settlement rails. Its payment network offers licensed access across the United States, Canada, and Europe, helping financial institutions and payment providers deliver fast, low-cost international transfers without relying on traditional correspondent banking networks. https://www.movementnetwork.xyz/

About El Vecino

El Vecino is a trusted community financial services provider serving Mexican communities across New Jersey. Processing more than $70 million in annual remittance volume for over 20,000 customers, the company offers money transfer and financial services designed to help families maintain strong economic connections across the U.S.-Mexico border. Learn more at https://www.linkedin.com/company/el-vecino-franquicias/ 

About RISE

RISE is a self-custody digital dollar wallet that lets customers hold and transfer USD-backed digital dollars while keeping direct control of their own funds. Offering an alternative to slow, high-cost, and often inaccessible banking rails, RISE customers can open a dollar account inside WhatsApp, hold their balance in USD-backed digital dollars that resist local inflation, and send money across borders in seconds for a flat fee. Learn more at https://risefinance.xyz.

Press Contact: 

Rebecca Jones

rebecca.jones@moveindustries.xyz

Contact

Head of Communications
Rebecca Jones
Move Industries
rebecca.jones@moveindustries.xyz

Road Town, British Virgin Islands, August 7th, 2026, Chainwire

250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement.

Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning equities, indices, forex, and commodities. Each position is hedged 1:1 at regulated TradFi venues, making Carbon the largest TradFi-native on-chain derivatives venue. Alongside 530+ crypto perpetuals and 150 24/7 RWAs, total tradeable instruments now exceed 950 in one account. 

Carbon TradFi is Carbon’s own on-chain instrument. A trader opens a position on-chain, in their own wallet, and Carbon’s solver architecture hedges it 1:1 at a regulated broker off-chain. The trader never leaves self-custody, and the price and depth they receive are the underlying market’s, not bootstrapped on-chain order books.

That structure removes the cold-start problem that has constrained real-world assets on-chain. Every Carbon TradFi market opens at full institutional depth on its first day, because the depth is inherited rather than manufactured. There is no per-market incentive program to run and no waiting period while liquidity accumulates.

Carbon now offers traders both in one account. Its 150 24/7 real-world markets trade around the clock, for traders who want access at any hour. Its 250+ Carbon TradFi markets track market hours with carry prices from the underlying, for traders who want institutional depth and predictable holding costs. Roughly 30 assets are live as both, letting a trader hold one against the other and capture the difference between the two financing rates without leaving the account.

The global market Carbon connects to is substantial. TradFi clears over $1.5 trillion daily in CFDs across thousands of markets, liquidity that until now had no direct route on-chain.

Carbon TradFi coverage at launch:

• 200 stocks across US, EU, and Asia markets
• 62 forex pairs
• 12 indices
• 8 commodities

Carbon can list a trending name within the same week it begins moving in Seoul, Tokyo, or Hong Kong, a cadence order-book venues cannot match because they lack the off-chain rails to stand up a new market that quickly. A further 150 listings are scheduled.

The launch also opens the Carbon Liquidity Provider (CLP) vault to public deposits. The CLP is a delta-neutral yield product: it funds the hedge behind trader flow rather than taking directional positions, earning from the difference between on-chain demand and off-chain liquidity. Modeled APY is illustrative and ranges from 20.3% at launch utilization to 57.1% at maturity, depending on flow and capital utilization.

“Traders have had to choose between the assets they want and the execution they need. Carbon ends that trade-off. Every position is hedged into the deepest liquidity in the world and settles in the trader’s own wallet, with 950+ markets in a single account. This is what global markets look like when they finally arrive on-chain properly.” – Levy, Co-founder and CEO of Carbon

“One of the biggest challenges for bringing traditional financial assets onchain has been delivering deep liquidity. Carbon is operating an architecture that connects onchain trading with established market infrastructure while preserving self-custody. We want Arbitrum to be home to teams building this next generation of financial infrastructure” – David Garcia, Ecosystem Lead at Arbitrum Foundation 

About Carbon

Carbon is the on-chain prime broker for global markets, combining crypto perpetuals and Carbon TradFi in one venue. Carbon’s solver architecture connects on-chain traders to institutional liquidity through bilateral 1:1 hedging, delivering Wall Street-grade depth and stable carry with on-chain settlement and self-custody. Live since 2023, Carbon has processed $20B+ in cumulative trading volume across 36K+ unique traders. Carbon operates on Arbitrum. Users can learn more at carbon.inc.

Contact

COO
Rens
Carbon
rens@carbon.inc