Every MoveUSD dollar is backed 1:1 and held in beneficiary accounts at participating FDIC-insured banks with real-time on-chain proof of deposit
NEW YORK, April 1, 2025 /PRNewswire/ -- CFX today announced the official launch of MoveUSD™, the first U.S.-based instant-transfer global USD settlement network and stablecoin built exclusively for commercial, institutional, and regulated customers. At a time when U.S. financial regulators — including the FDIC and OCC — are signaling greater openness toward digital asset infrastructure, MoveUSD offers a compliant, high-performance solution that modernizes dollar mobility while reinforcing the strategic role of the U.S. financial system.
MoveUSD enables fast, seamless USD transfers across the globe, either via traditional bank rails during business hours, or 24 hours a day, seven days a week, 365 days a year (24/7/365) through tokenized dollar transfers that complete in under a second. Unlike offshore stablecoins or bankless systems, every MoveUSD tokenized deposit is 1:1 redeemable and held in beneficiary accounts at participating FDIC-insured banks, with tokenization on high-performance blockchains providing real-time, on-chain proof of deposit.
"We've reached an inflection point in U.S. financial system by offering modern rails without breaking the rules. CFX is providing a bridge—not a bypass—for regulated institutions and their customers to interact with high-speed, digital-native payment rails, while keeping capital and trust within the U.S. banking system," said Nick "Chicago", CEO & Co-Founder of CFX. "CFX is not a bank, but we work with those that are. CFX's mission is to provide a global community of innovators and forward thinking institutions with a bank-grade stablecoin network that offers programmable dollars, embedded compliance, and always-on settlement, without introducing counterparty or regulatory risks."
The MoveUSD network is designed for corporates, global banks, fintechs, funds, trade desks, issuers, and payment service providers that require secure, near-instant liquidity in U.S. dollars—whether for cross-border payments, treasury operations, or on-chain finance.
In an era of intensifying competition around digital currencies and dollar alternatives, MoveUSD acts as a strategic multiplier for U.S. economic leadership. The product is engineered to integrate with U.S. Treasuries and broader public-private financial infrastructure, giving policymakers, regulators, and enterprise leaders a compliant way to maintain dollar dominance in digital form.
Key Features of MoveUSD:
Global Settlement Network: Designed for institutional-scale interoperability across regions and platforms
Compliance is core to CFX's architecture. The company enforces rigorous anti-money laundering (AML) and know-your-customer (KYC) programs in accordance with federal and state regulations. It also deploys proprietary AI-driven systems — including Active Anti-Money Laundering™ (AAML) — to ensure that funds never end up in the hands of those who threaten U.S. security, sovereignty, or global standing.
MoveUSD is now available for early access to qualified institutions. For more information or to apply, visit MoveUSD.com or call+1 708-328-6002.
About CFX:
CFX is a U.S.-based financial technology company pioneering infrastructure for programmable dollars and compliant global settlement. Its deposit token, $MOVEUSD, provides on-chain proof of U.S. dollar deposits held at regulated institutions. CFX enables customers to send and settle tokenized deposits instantly 24/7 powering real-time payments, treasury flows, and cross-border commerce.
SOURCE CFX
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