Brazil's Galipolo to talk financial system security at presser

Brazil's Galipolo to talk financial system security at presser

1Money, a blockchain infrastructure provider specializing in stablecoins and real-world assets (RWAs), has secured significant regulatory approvals that position it as a key player in the global stablecoin market. The company 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 1Money to offer comprehensive stablecoin orchestration services, bridging its blockchain infrastructure with the traditional financial system.

The licenses allow 1Money to 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 [1].

1Money's strategy focuses on its 1Money Network, a Layer 1 blockchain purpose-built for Web3 payments. Unlike other protocols, it focuses exclusively on stablecoins and 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. 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].

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].

References:
[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)