1Money Secures 34 US Licenses to Scale Global Stablecoin Payments


1Money Secures 34 US Licenses to Scale Global Stablecoin Payments
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- 1Money obtains 34 U.S. money transmitter licenses and a Bermuda Class F digital asset business license. - The firm plans to launch global stablecoin orchestration services to bridge issuers with traditional banking systems. On September 4, 2025, Cointelegraph reported that stablecoin payment processor 1Money secured 34 U.S. money transmitter licenses and a Bermuda Class F digital asset business license. This achievement paves the way for its global stablecoin orchestration rollout, enabling the company to expand its operations internationally with compliant fiat solutions integrated into its proprietary layer-1 blockchain protocol. The company aims to build infrastructure that connects stablecoin and real-world asset (RWA) issuers to traditional banking systems. According to the report, 1Money CEO Brian Shroder described these licenses as a “linchpin,” stating they will help deliver secure, scalable stablecoin solutions that address growing demand in the payments industry. Shroder also highlighted that compliance and scalability are central to overcoming the challenges that stablecoin issuers and institutional adopters face. This announcement comes as global stablecoin adoption accelerates, with institutional players and e-commerce platforms increasingly exploring transactions powered by stablecoins. The rising interest and investment in the digital payments sector are further evidenced by a significant surge in stablecoin transaction volume earlier this year. Meanwhile, market data from CoinMarketCap on September 4 at 15:08 UTC showed mixed performance among major stablecoins. PayPal USD (PYUSD) traded at $0.999 with a 0.7% growth in 24-hour trading volume, while EURC stood at $1.166, reflecting a -0.013% change in volume. Concurrently, USD Coin (USDC) maintained stability at $1 with a 0.013% increase in trading volume. This broader context of robust institutional and retail activity underscores the significance of 1Money’s latest milestones.
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Market
Published
2025-09-04 15:14
NFT ID
PENDING
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