1Money Builds Regulatory Bridge Between Blockchain and Global Finance

1Money, a firm developing a blockchain infrastructure for stablecoin transactions, has acquired 34 U.S. money transmitter licenses (MTLs) and a Class F digital asset business license from the Bermuda Monetary Authority (BMA). These permits enable the company to provide global "stablecoin orchestration services," bridging its 1Money Network blockchain with the traditional financial system. The licenses also grant the firm the ability to offer services such as multi-currency fiat virtual accounts, deposit and withdrawal (on/off ramps), global fiat pay-in and pay-out, digital asset custody, stablecoin buying and selling, stablecoin payments and remittances, and foreign exchange (FX) [1].

The regulatory approvals allow 1Money to now operate across 40 U.S. jurisdictions and register as a Money Services Business (MSB) with FinCEN. Combined with its Bermuda license, the firm can now offer services under a globally respected digital asset framework. 1Money CEO Brian Shroder described the licenses as the "linchpin" for offering compliant, scalable stablecoin solutions, enabling the orchestration of stablecoin flows across traditional and blockchain infrastructures [2]. This move positions 1Money as a key player in the stablecoin market, surpassing competitors like Bridge and BVNK in the number of U.S. licenses secured [3].

1Money’s strategy is centered on its 1Money Network, a Layer 1 blockchain purpose-built for Web3 payments. Unlike other protocols, it focuses exclusively on stablecoins and real-world assets (RWAs), eliminating the need for speculative tokens or complex tokenomics. Transactions on the network are designed to settle instantly with low fixed fees, with network fees paid directly in the stablecoin transacted [1]. Through its regulated entities, the company aims to offer enterprises a comprehensive suite of services connecting digital assets to the traditional financial system. This includes minting stablecoins and tokenized RWAs on its blockchain, integrating them with banking partners, and distributing them through compliant channels globally [2].

The company’s regulatory footprint enables it to offer businesses multi-currency fiat virtual accounts, deposit and withdrawal on and off-ramps, global fiat pay-in and payout services, custody of digital assets, and a stablecoin exchange. It is also preparing to provide stablecoin payments and remittances, as well as foreign exchange services [1]. Chief Legal Officer Christopher Lalan highlighted that the approvals reflect the company’s commitment to building a robust compliance framework that aligns with U.S. and Bermuda regulators. Chief Compliance Officer Kristen Hecht emphasized that enterprises need more than just technology; they require a regulated partner capable of supporting them at scale [3].

The timing of 1Money’s expansion is significant, as stablecoins are rapidly gaining traction in global payments. Data from recent years shows over $94 billion in stablecoin transactions settled between early 2023 and early 2025. Institutional interest is also strong, with nine in ten financial executives surveyed this year indicating they already use or are exploring stablecoins [2]. Traditional payment giants like Shopify, Visa, Mastercard, PayPal, and Stripe have expanded their stablecoin offerings, intensifying competition in the space. The emergence of a fully licensed player like 1Money adds a new dimension by combining regulatory strength with a blockchain designed specifically for payments [3].

Source:

[1] 1Money Secures 34 U.S. Money Transmitter Licenses and Bermuda BMA Class F License to Support Stablecoin Payments Worldwide (https://www.morningstar.com/news/business-wire/20250904212056/1money-secures-34-us-money-transmitter-licenses-and-bermuda-bma-class-f-license-to-support-stablecoin-payments-worldwide)

[2] 1Money secures 34 US money transmitter licenses and Bermuda Class F approval (https://cryptorank.io/news/feed/9e3e0-1money-secures-34-us-money-transmitter-licenses-and-bermuda-class-f-approval)

[3] Stablecoin Startup 1Money Gains 34 US Licenses (https://cointelegraph.com/news/1money-stablecoin-infrastructure-licenses)