1Money Secures 34 US Money Transmitter Licenses and Bermuda Class F Digital Asset License for Global Stablecoin Orchestration Services

1Money has secured 34 US money transmitter licenses and a Class F digital asset business license from the Bermuda Monetary Authority. The company aims to launch global stablecoin orchestration services, providing infrastructure for stablecoin and real-world asset issuers to connect with traditional banking systems. This expansion follows increasing interest in stablecoin payments, with traditional payment processors like Shopify, Visa, and Mastercard entering the market.

New York, September 2, 2025 — 1Money Co., the pioneer in Layer 1 protocols for Web3 payments, has secured a significant milestone by obtaining 34 Money Transmitter Licenses (MTLs) in the United States and a Class F Digital Asset Business license from the Bermuda Monetary Authority. This achievement positions the company to offer global stablecoin orchestration services, bridging the gap between blockchain technology and traditional financial systems.

The 34 US MTLs, combined with the Class F license from Bermuda, enable 1Money to deliver a comprehensive stablecoin infrastructure. This includes deploying its Layer 1 protocol, stablecoin orchestration services, and a suite of compliant fiat solutions. The company's regulatory footprint covers a majority of U.S. markets and offers fully regulated global operations from Bermuda, empowering partners and enterprises to build, scale, and launch stablecoin-based products seamlessly.

Brian Shroder, Co-Founder and CEO of 1Money, underscored the significance of these licenses: "Securing 34 U.S. MTLs and the Bermuda BMA Class F license is the linchpin of our commitment to providing secure, compliant, and scalable stablecoin solutions to businesses worldwide. These milestones enable us to orchestrate stablecoin flows across both traditional rails and emerging blockchain infrastructure, bringing a new level of interoperability, trust, and compliance to the digital payments landscape."

With these regulatory approvals, 1Money can offer global businesses a range of services, including multi-currency fiat virtual accounts, fiat deposit and withdrawal (on/off ramps), global fiat pay-in and pay-out, digital asset custody, stablecoin buying, selling, and exchange, stablecoin payments and remittances, and foreign exchange (FX). The company's robust legal and compliance framework aligns with the stringent requirements of U.S. and Bermuda regulators, providing partners with confidence in compliant operations and advanced technology solutions.

The licenses grant 1Money significant operational reach, including nationwide coverage across 40 U.S. jurisdictions and the authorization to conduct a wide array of regulated activities as a Class F digital asset business under Bermuda's Digital Asset Business Act (DABA).

The increasing interest in stablecoin payments, as seen with traditional payment processors like Shopify, Visa, and Mastercard entering the market, underscores the growing need for secure and compliant stablecoin solutions. 1Money's innovative stablecoin infrastructure aims to accelerate the mainstream adoption of stablecoins as a foundation for the future of global finance.

References:
[1] https://www.businesswire.com/news/home/20250904212056/en/1Money-Secures-34-U.S.-Money-Transmitter-Licenses-and-Bermuda-BMA-Class-F-License-to-Support-Stablecoin-Payments-Worldwide
[2] 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