Stablecoin Startup 1Money gets 34 US licenses

1Money, a company that builds a layer-1 blockchain for Stablecoin payments, has earned 34 US money shipping licenses and a digital asset business license from the Bermuda Monetary Authority.
According to a Thursday announcementThe company plans to launch global “Stablecoin Orchestration Services” by its regulated creatures. It aims to provide stablecoin infrastructure, including a dedicated layer-1 protocol, orchestra services and an entire suite of the following FIAT solutions.
1Money said its regulated footprint allows to support both Stablecoin and real-world asset issues (RWA). Its customers are allowed to mint stablecoins and RWA tokens and connect them to the traditional banking system.
1money co-founder and CEO Brian Shroder explained that licenses allow the company to “look for stablecoin flowing on both traditional metals and emerging blockchain infrastructure.”
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Stablecoin payments are rising
This day, a news murder indicates that the stablecoins are gaining an increase in interest. Late with data shows that stablecoins get land as a reliable tool for digital payments, with $ 94.2 billion fixed in Stablecoin transactions between January 2023 and February 2025.
A mid -May survey of 295 executives across traditional banks, financial institutions, FinTech companies and payment gateways have shown that 90% of institution players are already using stablecoins or actively explored them. In August, the Global Grocery Giant Spar announced support for stablecoin and cryptocurrency payment in its stores across Switzerland.
Related: ECB president calls to meet risks from non -EU stablecoins
Traditional payment processors are joined
In June, giant e-commerce Shopify rolls early access to Stablecoin payments to the USDC of the Circle In cooperation with Coinbase. Two months ago, Visa expanded stablecoin offerings on its redemption platform By adding support for global dollars (USDG), Paypal USD (PIUSD) and euro coins (EURC) Stablecoins.
Mastercard was not left behind. Circle, the company behind the USDC (USDC) Stablecoin, Unveiled deals with MasterCard and Finatoraims to expand USDC’s reach to merchants and banks around the world. In May, in May, Stripe introduced Stablecoin -based accounts to clients in more than 100 countries.
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