1Money Unlocks Global Stablecoin Era with 34 U.S. Licenses and Bermuda Compliance Edge

1Money, a fintech firm specializing in blockchain-based payments, has announced its readiness to launch stablecoin orchestration services after securing 34 U.S. Money Transmitter Licenses (MTLs) and a Class F Digital Asset Business license from Bermuda’s Monetary Authority. These regulatory clearances position the company to offer a full-stack stablecoin infrastructure, enabling seamless integration between its 1Money Network blockchain and traditional financial systems. The licenses cover 40 U.S. jurisdictions, with additional authorization as a Money Services Business (MSB) under FinCEN regulations, and provide a global footprint through its Bermuda-based operations.

The 34 U.S. MTLs significantly expand 1Money’s operational reach, allowing it to offer services such as multi-currency fiat virtual accounts, fiat deposit and withdrawal (on/off ramps), global fiat pay-in and pay-out, and stablecoin transactions. The firm also announced digital asset custody and foreign exchange (FX) capabilities. These features are particularly relevant for enterprises and stablecoin issuers looking to scale digital payments with compliance and interoperability. 1Money’s infrastructure is designed to enable the minting of stablecoins and Real World Asset (RWA) tokens while connecting these digital assets to traditional banking systems through regulated distribution channels.

1Money’s CEO, Brian Shroder, emphasized the strategic importance of these licenses, stating they are a “linchpin” for delivering secure and scalable stablecoin solutions. The firm’s regulated compliance framework was developed to meet U.S. and Bermuda regulatory requirements, reinforcing its alignment with global standards. Chief Legal Officer Christopher Lalan noted that the licenses bolster confidence among partners, who can now leverage 1Money’s technology and regulatory compliance to operate at scale.

The move is part of a broader trend in the fintech and cryptocurrency sectors, where stablecoins are gaining traction as tools for digital payments and cross-border transactions. In recent months, major financial firms and payment processors, including Visa, Mastercard, and Shopify, have expanded stablecoin support on their platforms. This growing adoption reflects stablecoins’ potential to reduce transaction costs and streamline digital commerce.

1Money’s 1Money Network is described as a Layer 1 protocol built specifically for Web3 payments, featuring fast transaction speeds, low fees, and native compliance mechanisms. The platform supports multiple stablecoins and is designed to eliminate the need for speculative assets or complex tokenomics, ensuring a straightforward and secure experience for users. The company’s infrastructure aims to facilitate mainstream adoption of stablecoins as a foundational component of global finance.

As stablecoin adoption continues to grow, regulatory clarity and infrastructure support remain critical. The 34 U.S. licenses and Bermuda’s Class F approval reflect 1Money’s commitment to providing a compliant and innovative solution for global businesses. With these credentials, the firm is now positioned to compete with existing stablecoin infrastructure providers and support a new wave of digital payment innovations.

Source:

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

[2] 1Money Secures 34 U.S. Money Transmitter Licenses and Bermuda BMA Class F License to Support Stablecoin Payments Worldwide (https://globalfintechseries.com/banking/1money-secures-34-u-s-money-transmitter-licenses-and-bermuda-bma-class-f-license-to-support-stablecoin-payments-worldwide/)

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