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Thursday Dec 4 2025 21:40
1 min
1Money, spearheaded by former Binance.US CEO Brian Shroder, has announced the launch of its stablecoin orchestration platform. This strategic move comes ahead of the company’s ambitious plans to establish a layer-1 blockchain dedicated to payments.
The new platform features transparent, usage-based fees, marking a significant departure from the traditionally high monthly minimums and bloated fees charged by legacy stablecoin service providers. 1Money aims to democratize access to stablecoin services, making them accessible to a broader range of businesses and individuals.
According to 1Money, the platform will initially operate on existing blockchain networks before transitioning to its own layer-1 network, promising faster and more cost-effective transactions.
“For too long, legacy stablecoin service providers have held the ecosystem back with outrageously high monthly minimums and bloated fees, 1Money is ending that era,” said Brian Shroder, 1Money co-founder and CEO, and former CEO of Binance.US.
This announcement follows 1Money's securing of 34 money transmitter licenses in the U.S., demonstrating its commitment to regulatory compliance and providing secure, reliable services.
1Money's launch coincides with growing interest in stablecoins across the broader financial sector. Several fintech companies have announced plans to enter the stablecoin market, driven by advancements in regulations in the U.S. and European Union. Companies like Unlimit, Visa, and Mastercard have also announced initiatives to support stablecoins.
In conclusion, 1Money is positioning itself at the forefront of the stablecoin revolution, offering an innovative platform and regulatory-compliant infrastructure, all with the goal of making digital payments more accessible and cost-effective for everyone.
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