1Money secured 34 U.S. money transmitter licenses and a Bermuda Class F digital asset license to launch stablecoin orchestration services.
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1Money, a company building a layer-1 blockchain for stablecoin payments, has secured 34 US money transmitter licenses and a Class F digital asset business license from the Bermuda Monetary Authority.
According to a Thursday , the company plans to launch global “stablecoin orchestration services” through its regulated entities. It aims to provide stablecoin infrastructure, including a dedicated layer-1 protocol, orchestration services and a full suite of compliant fiat solutions.
1Money says its regulated footprint enables it to support both stablecoin and real-world asset (RWA) issuers. Its customers would be allowed to mint stablecoins and RWA tokens and connect them with the traditional banking system.
1Money co-founder and CEO Brian Shroder explained that the licenses enable the company to “orchestrate stablecoin flows across both traditional rails and emerging blockchain infrastructure.”
Related:
Stablecoin payments are on the rise
This summer, a slew of news indicated that stablecoins are garnering increasing interest. Late May data shows that stablecoins are gaining ground as a reliable tool for digital payments, 2025.
A mid-May survey of 295 executives across traditional banks, financial institutions, fintech companies and payment gateways showed that . In August, global grocery giant Spar announced support for stablecoin and cryptocurrency payments in its stores across Switzerland.
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Traditional payment processors join in
In June, e-commerce giant in collaboration with Coinbase. Two months ago, by adding support for the Global dollar (), PayPal USD () and euro Coin () stablecoins.
Mastercard was not left out. Circle, the company behind the USDC () stablecoin, , aiming to expand USDC’s reach to merchants and banks globally. In May, .
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