1Money Secures 34 U.S. Money Transmitter Licenses to Power Stablecoin Payments
Big move in the world of stablecoins! 💸
1Money — a fintech company building a dedicated layer-1 blockchain for stablecoin payments — has just locked in 34 U.S. money transmitter licenses along with a Class F digital asset license from Bermuda.
With these licenses in hand, 1Money is gearing up to launch its global stablecoin orchestration services, enabling businesses to seamlessly move between traditional finance and blockchain ecosystems.
🛠️ What does that mean?
The company plans to offer stablecoin infrastructure that includes:
A compliant layer-1 blockchain tailored for payments
Full orchestration services
Fiat on/off ramps
Support for both stablecoin and real-world asset (RWA) issuers
This regulatory milestone lets 1Money’s clients mint stablecoins and RWA tokens, while staying connected to the traditional banking system — all under a compliant framework.
🗣️ CEO Brian Shroder shared that these licenses allow the firm to “orchestrate stablecoin flows across both traditional rails and emerging blockchain infrastructure.”
The company is also working toward nationwide coverage across all U.S. states and territories by the end of 2025 — with the exception of New York, which requires a longer licensing process.
📍One step closer to a fully regulated, blockchain-powered payment future.
#Stablecoins #Fintech #CryptoNewss #1Money $ETH $SOL $BNB