What Is MoveUSD (MOVEUSD)?

MoveUSD is a U.S. dollar bank-deposit token issued by CFX Labs, a U.S.-based regulated financial technology company. Each token is backed 1:1 by U.S. dollar deposits held with regulated partner banks. MoveUSD is issued and redeemed at par, with reserves maintained in demand deposit accounts.

MoveUSD operates on blockchain infrastructure to support real-time settlement of USD value across supported networks. It is intended for business and fintech use cases including treasury, payments, and cross-border transactions.

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How MoveUSD Works

• 1:1 USD Backing: Each token corresponds to one U.S. dollar held in a U.S. bank account.
• Redemption at Par: MoveUSD may be redeemed for USD through approved channels.
• Real-Time Settlement: Transfers settle on supported blockchains for faster movement of USD value.
• Bank Connectivity: MoveUSD functions within the CFX Network, which links USD accounts and payment rails across participating U.S. financial institutions.

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What Is the CFX Network?

The CFX Network is a Layer 2 settlement network built on top of major U.S. banking systems. It provides access to domestic and international USD accounts, ACH, Fedwire, SWIFT, and supported blockchain networks. MoveUSD serves as the tokenized USD representation within this network.

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MoveUSD Platform Tools

MoveUSD Online Banking Portal

A web portal for businesses to: - Open and manage USD accounts
- Mint and redeem MoveUSD
- Initiate ACH, wire, SWIFT, or blockchain transfers
- View balances and settlement activity

Move Money Wallet

An embedded smart-wallet module that supports holding, sending, and receiving MoveUSD inside third-party applications.

CFX APIs

APIs for integrating account management, settlement workflows, and MoveUSD functionality into financial or enterprise systems.

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Issuer Information

MoveUSD is issued by CFX Labs, headquartered in Chicago.
CFX Labs is registered as a Money Services Business with FinCEN and operates under applicable U.S. money-transmission and banking-partner regulations.

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Accessing MoveUSD

MoveUSD is available through the MoveUSD online banking portal, partner financial institutions connected to the CFX Network, and approved distribution channels in supported jurisdictions.