{"id":404040,"date":"2025-09-04T19:54:27","date_gmt":"2025-09-04T14:24:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/stablecoin-startup-1money-gains-34-us-licenses-crypto-news\/"},"modified":"2025-09-04T20:39:15","modified_gmt":"2025-09-04T15:09:15","slug":"stablecoin-startup-1money-gains-34-us-licenses-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/stablecoin-startup-1money-gains-34-us-licenses-crypto-news\/","title":{"rendered":"Stablecoin Startup 1Money Gains 34 US Licenses &#8211; Crypto News"},"content":{"rendered":"<div data-v-43e640e6=\"\">\n<p>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.<\/p>\n<p>According to a Thursday <a rel=\"nofollow\" target=\"_blank\" href=\"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\" rel=\"nofollow noopener\" target=\"_blank\" title=\"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\">announcement<\/a>, the company plans to launch global \u201cstablecoin orchestration services\u201d 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.<\/p>\n<p>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.<\/p>\n<p>1Money co-founder and CEO Brian Shroder explained that the licenses enable the company to \u201corchestrate stablecoin flows across both traditional rails and emerging blockchain infrastructure.\u201d<\/p>\n<p><iframe loading=\"lazy\" title=\"What are stablecoins, and how do they work?\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/fdPmjHtQ5aM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/explained\/paypal-just-enabled-crypto-for-650m-users-heres-what-that-actually-means\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/explained\/paypal-just-enabled-crypto-for-650m-users-heres-what-that-actually-means\"><em><strong>PayPal just enabled crypto for 650M users: Here\u2019s what that actually means<\/strong><\/em><\/a><\/p>\n<h2>Stablecoin payments are on the rise<\/h2>\n<p>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, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/stablecoin-payment-volume-94b-driven-b2b-transfers\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/stablecoin-payment-volume-94b-driven-b2b-transfers\">with $94.2 billion in settled in stablecoin transactions between January 2023 and February<\/a> 2025.<\/p>\n<p>A mid-May survey of 295 executives across traditional banks, financial institutions, fintech companies and payment gateways showed that\u00a0<a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/traditional-banks-stablecoins-cross-border-fireblocks\" rel=\"https:\/\/cointelegraph.com\/news\/traditional-banks-stablecoins-cross-border-fireblocks\" target=\"https:\/\/cointelegraph.com\/news\/traditional-banks-stablecoins-cross-border-fireblocks\" title=\"https:\/\/cointelegraph.com\/news\/traditional-banks-stablecoins-cross-border-fireblocks\">90% of institutional players are either already using stablecoins or actively exploring them<\/a>. In August, global grocery giant Spar announced support for stablecoin and cryptocurrency payments in its stores across Switzerland.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/ecb-president-risks-non-eu-stablecoins\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/ecb-president-risks-non-eu-stablecoins\"><em><strong>ECB president calls to address risks from non-EU stablecoins<\/strong><\/em><\/a><\/p>\n<h2>Traditional payment processors join in<\/h2>\n<p>In June, e-commerce giant\u00a0<a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/shopify-early-access-usdc-stablecoin-payments-base\" rel=\"https:\/\/cointelegraph.com\/news\/shopify-early-access-usdc-stablecoin-payments-base\" target=\"https:\/\/cointelegraph.com\/news\/shopify-early-access-usdc-stablecoin-payments-base\" title=\"https:\/\/cointelegraph.com\/news\/shopify-early-access-usdc-stablecoin-payments-base\">Shopify rolled out early access to stablecoin payments in Circle\u2019s USDC<\/a>\u00a0in collaboration with Coinbase. Two months ago, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/visa-expands-stablecoin-offerings-institutions\" rel=\"https:\/\/cointelegraph.com\/news\/visa-expands-stablecoin-offerings-institutions\" target=\"https:\/\/cointelegraph.com\/news\/visa-expands-stablecoin-offerings-institutions\" title=\"https:\/\/cointelegraph.com\/news\/visa-expands-stablecoin-offerings-institutions\">Visa expanded its stablecoin offerings on its settlement platform<\/a>\u00a0by adding support for the Global dollar (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/global-dollar-price-index\">USDG<\/a>), PayPal USD (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/paypal-pyusd-price-index\">PYUSD<\/a>) and euro Coin (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/eurc-price-index\">EURC<\/a>) stablecoins.<\/p>\n<p>Mastercard was not left out. Circle, the company behind the USDC (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\">USDC<\/a>) stablecoin, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/circle-usdc-payments-new-deals-mastercard-finastra\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/circle-usdc-payments-new-deals-mastercard-finastra\">unveiled deals with Mastercard and Finastra<\/a>, aiming to expand USDC\u2019s reach to merchants and banks globally. In May, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/stripe-announces-stablecoin-financial-accounts\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/stripe-announces-stablecoin-financial-accounts\">Stripe introduced stablecoin-based accounts to clients in over 100 countries<\/a>.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17715136\"\/><\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/bitcoin-stablecoins-showdown-looms-genius-act-nears\/\" rel=\"\" target=\"_self\" title=\"https:\/\/cointelegraph.com\/magazine\/bitcoin-stablecoins-showdown-looms-genius-act-nears\/\"><em><strong>Bitcoin vs stablecoins showdown looms as GENIUS Act nears<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 announcement, the company plans to launch global \u201cstablecoin orchestration services\u201d through its regulated entities. It aims to provide stablecoin infrastructure, including [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":404045,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-404040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=404040"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404040\/revisions"}],"predecessor-version":[{"id":404046,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404040\/revisions\/404046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/404045"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=404040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=404040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=404040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}