Stablecoin payment processor 1Money obtains 34 U.S. money transmitter licenses
Jinse Finance reported that stablecoin payment company 1Money has obtained 34 US money transfer licenses and an F-class digital asset business license from the Bermuda Monetary Authority. According to Thursday's announcement, the company plans to launch a global "stablecoin orchestration service" through its regulated entity. This service aims to provide stablecoin infrastructure, including a dedicated Layer-1 protocol, orchestration services, and a full suite of compliant fiat solutions. 1Money stated that its regulated operational scope enables it to support stablecoin and real-world asset (RWA) issuers. Its clients can mint stablecoins and RWA tokens and connect them with traditional banking systems.
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