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News  ›  GlobeNewswire Inc.

Movement dan KAST Membolehkan Perbelanjaan Stablecoin di Lebih 150 Juta Peniaga dengan Ganjaran 4%

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Not Specified
Movement dan KAST Membolehkan Perbelanjaan Stablecoin di Lebih 150 Juta Peniaga dengan Ganjaran 4%

Movement Network announced a partnership with KAST, a mobile payment platform, enabling over 500,000 KAST users to earn 4% rewards in $MOVE tokens on crypto purchases at 150+ million Visa merchants worldwide. The collaboration creates a dual-rewards system combining KAST Points and $MOVE tokens, positioning Movement as a practical blockchain solution for everyday transactions amid growing stablecoin adoption.

Insights
TpA   positive

High 4.4% dividend yield, surging free cash flow, successful strategic initiatives, strong wireless segment, and significant potential upside according to analyst targets


V   neutral

Visa is mentioned as the underlying payment network infrastructure supporting the partnership (150M+ merchants), but the announcement does not directly impact Visa's business operations or strategy. Visa serves as a neutral enabler of the transaction infrastructure.