1Money Launches Stablecoin Orchestration Platform, Heralding New Era for Digital Assets
- 1Money, co-founded by a former Binance.US CEO, has introduced a stablecoin orchestration platform.
- The platform aims to eliminate platform fees, opting for usage-based transaction charges.
- This move is positioned as a challenge to traditional stablecoin service providers with high fees.
- The launch precedes 1Money’s planned development of a layer-1 blockchain specifically for payments.
- 1Money has secured significant seed funding and numerous money transmitter licenses in the US.
- The stablecoin sector is experiencing accelerated adoption, with major financial players entering the space.
1Money Debuts Fee-Free Stablecoin Platform
1Money, a venture co-founded by former Binance.US CEO Brian Shroder, has officially launched its new stablecoin orchestration platform. This strategic move is a precursor to the company’s long-term objective of building its own layer-1 blockchain designed for payment functionalities. The platform’s introduction marks a significant step in the evolving landscape of digital currency services.
Announced this week, the 1Money platform boasts zero platform fees, a deliberate strategy to differentiate itself from existing market offerings. Instead, the company will implement a usage-based fee structure for transactions involving both stablecoins and fiat currencies. This innovative approach is intended to lower the barrier to entry for stablecoin transactions, positioning 1Money as a more accessible and cost-effective solution.
Brian Shroder, who previously led Binance.US from 2021 to 2023, expressed his vision for 1Money during the launch. He stated that the company is aiming to disrupt the established stablecoin service providers that have historically imposed outrageously high monthly minimums and bloated fees. 1Money’s objective is to usher in a new era of transparent and affordable digital asset services.
💡 Industry Insight: The term stablecoin orchestration platform refers to services that help manage, issue, and integrate stablecoins across various financial systems and blockchains. These platforms aim to streamline complex processes like liquidity management, compliance, and cross-border transactions for businesses utilizing stablecoins.
Shroder founded the stablecoin-focused firm 1Money in 2024, and by January 2025, it had secured an impressive $20 million in seed funding. This financial backing has clearly enabled the company to rapidly advance its technological development and market strategy. The team’s commitment to innovation is evident in the platform’s architecture and fee structure.
Anticipating Growth in Stablecoin Adoption
Shroder’s announcement surfaces at a time when the broader fintech and cryptocurrency sectors are witnessing a surge in stablecoin-related initiatives. This trend is partly fueled by the ongoing development of clearer regulatory frameworks in major economic regions like the United States and the European Union, which are providing greater certainty for businesses and consumers.
The past year has seen several prominent payment and financial technology companies either launch or enhance their stablecoin offerings. This includes Unlimit, a payments provider that recently introduced its own non-custodial stablecoin platform. Major payment networks like Visa and Mastercard have also expanded their support for stablecoins, integrating them into their extensive payment infrastructures during late 2024.
Furthermore, Ripple Labs announced in August its intention to acquire the stablecoin platform Rail for $200 million, underscoring the strategic importance of stablecoin services. Ripple also launched its own stablecoin, RLUSD, in 2024, further signaling its commitment to this burgeoning market segment.
✅ Market Trend Analysis: The increasing involvement of established financial institutions and a growing number of startups like 1Money in the stablecoin space highlights a significant shift. This expansion suggests that stablecoins are moving beyond niche applications towards becoming a more integrated part of the global payment and financial ecosystem, driven by demand for efficiency and lower transaction costs.
1Money’s Strategic Positioning and Future Outlook
1Money’s launch of an orchestration platform, coupled with its upcoming layer-1 blockchain development, positions it as a comprehensive solution provider in the stablecoin market. The company’s focus on eliminating fees and simplifying stablecoin usage demonstrates a clear strategy to capture market share from incumbents.
With the ongoing quest for regulatory clarity, platforms like 1Money that prioritize compliance and offer transparent fee structures are likely to gain traction. The company has already taken steps to bolster its regulatory standing by securing 34 money transmitter licenses across the US, which is crucial for operating within legal frameworks and building trust.
âš¡ Did You Know? A layer-1 blockchain is a foundational blockchain network, such as Bitcoin or Ethereum. Developing a dedicated layer-1 blockchain for payments means 1Money aims to create its own independent ecosystem, potentially offering enhanced speed, scalability, and lower transaction costs compared to solutions built on existing blockchains.
The market’s reception to 1Money’s offering will be closely watched, especially as more enterprises evaluate the benefits of integrating stablecoins into their operations. The company’s success may hinge on its ability to deliver on its promise of low fees, robust infrastructure, and seamless user experience for both businesses and individual users engaging in digital asset transactions.
Frequently Asked Questions about 1Money and Stablecoin Platforms
What is a stablecoin orchestration platform?
A stablecoin orchestration platform is a service that helps businesses manage and integrate stablecoins into their financial operations. It can facilitate tasks like issuing stablecoins, managing liquidity, processing transactions, and ensuring regulatory compliance across different blockchain networks.
What is the fee structure for the 1Money platform?
1Money has adopted a zero platform fees model. Instead of fixed monthly charges, they utilize a usage-based fee structure solely for transactions involving stablecoins and fiat currencies. This aims to provide a more flexible and cost-effective solution for users.
What is the significance of 1Money developing its own layer-1 blockchain?
Developing its own layer-1 blockchain signifies 1Money’s ambition to create a dedicated and optimized infrastructure for stablecoin payments. This could potentially offer advantages in terms of transaction speed, scalability, security, and reduced or eliminated gas fees for users on its network.
How does 1Money compare to traditional stablecoin service providers?
1Money positions itself as an alternative to traditional providers by challenging high fees and minimum commitments. Their focus on a usage-based model and the development of their own blockchain infrastructure aims to offer a more accessible, transparent, and potentially cheaper solution for stablecoin transactions.
Conclusion: A New Chapter for Stablecoin Transactions
The launch of the 1Money stablecoin orchestration platform marks a significant development in the digital finance sector. By addressing the long-standing issues of high fees and complex operational overhead, 1Money is poised to make stablecoin utilization more accessible to a wider range of businesses and individuals.
The company’s dual strategy of offering an immediate service platform while simultaneously building a dedicated layer-1 blockchain demonstrates a commitment to both short-term market impact and long-term technological innovation. As the stablecoin market continues to mature and attract significant attention from major financial players, platforms like 1Money could play a pivotal role in shaping its future trajectory.
