Buy CryptoMarketsSpotFuturesGOLDEarnEvent Centre
More
Gold vs Crypto
The post Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network appeared on BitcoinEthereumNews.com. A company co-founded by the former CEO of Binance.US, 1Money, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “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. Source: Brian Shroder Shroder was the CEO of Binance.US, a separate legal entity from the global cryptocurrency exchange, from 2021 to 2023. He launched the stablecoin-focused platform 1Money in 2024, announcing $20 million in seed funding in January 2025. Related: IMF lays out guidelines for addressing stablecoin risks, beyond regulations The announcement came about three months after 1Money reported securing 34 money transmitter licenses in the US. Among its services, the orchestration platform will provide “regulated custody” for stablecoins and infrastructure. Stablecoin adoption is accelerating Shroder’s announcement followed many fintech companies announcing plans in the stablecoin sector as regulations advance in the US and European Union. On Tuesday, payments provider Unlimit announced the launch of a non-custodial platform for stablecoins. Visa and Mastercard, two of the biggest payments companies for fiat currencies, rolled out support for stablecoins in October and November, respectively. Ripple Labs said in August that it would offer stablecoin payment services through its acquisition of Rail for $200 million. The company introduced its own RLUSD stablecoin in 2024. Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice Source: https://cointelegraph.com/news/brian-shroder-1money-launch-stablecoins?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inboundThe post Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network appeared on BitcoinEthereumNews.com. A company co-founded by the former CEO of Binance.US, 1Money, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “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. Source: Brian Shroder Shroder was the CEO of Binance.US, a separate legal entity from the global cryptocurrency exchange, from 2021 to 2023. He launched the stablecoin-focused platform 1Money in 2024, announcing $20 million in seed funding in January 2025. Related: IMF lays out guidelines for addressing stablecoin risks, beyond regulations The announcement came about three months after 1Money reported securing 34 money transmitter licenses in the US. Among its services, the orchestration platform will provide “regulated custody” for stablecoins and infrastructure. Stablecoin adoption is accelerating Shroder’s announcement followed many fintech companies announcing plans in the stablecoin sector as regulations advance in the US and European Union. On Tuesday, payments provider Unlimit announced the launch of a non-custodial platform for stablecoins. Visa and Mastercard, two of the biggest payments companies for fiat currencies, rolled out support for stablecoins in October and November, respectively. Ripple Labs said in August that it would offer stablecoin payment services through its acquisition of Rail for $200 million. The company introduced its own RLUSD stablecoin in 2024. Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice Source: https://cointelegraph.com/news/brian-shroder-1money-launch-stablecoins?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/12/06 03:25
2 min read
Solayer
LAYER$0.07953-6.00%
Belong
LONG$0.001974-2.90%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

A company co-founded by the former CEO of Binance.US, 1Money, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments.

In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees.

“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.

Source: Brian Shroder

Shroder was the CEO of Binance.US, a separate legal entity from the global cryptocurrency exchange, from 2021 to 2023. He launched the stablecoin-focused platform 1Money in 2024, announcing $20 million in seed funding in January 2025.

Related: IMF lays out guidelines for addressing stablecoin risks, beyond regulations

The announcement came about three months after 1Money reported securing 34 money transmitter licenses in the US. Among its services, the orchestration platform will provide “regulated custody” for stablecoins and infrastructure.

Stablecoin adoption is accelerating

Shroder’s announcement followed many fintech companies announcing plans in the stablecoin sector as regulations advance in the US and European Union.

On Tuesday, payments provider Unlimit announced the launch of a non-custodial platform for stablecoins. Visa and Mastercard, two of the biggest payments companies for fiat currencies, rolled out support for stablecoins in October and November, respectively.

Ripple Labs said in August that it would offer stablecoin payment services through its acquisition of Rail for $200 million. The company introduced its own RLUSD stablecoin in 2024.

Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice

Source: https://cointelegraph.com/news/brian-shroder-1money-launch-stablecoins?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
Solayer Logo
Solayer Price(LAYER)
$0.07945
$0.07945$0.07945
-0.50%
USD
Solayer (LAYER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:
#Stablecoins

You May Also Like

Why Cosmetic Boxes Matter for Beauty Brand Growth

Why Cosmetic Boxes Matter for Beauty Brand Growth

If you sell beauty products, you need cosmetic boxes for beauty brands. Many beauty brands spend on formulas but ignore the packaging. A plain or cheap box can
Share
Techbullion2026/03/26 23:04
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41
US and UK Set to Seal Landmark Crypto Cooperation Deal

US and UK Set to Seal Landmark Crypto Cooperation Deal

The United States and the United Kingdom are preparing to announce a new agreement on digital assets, with a focus on stablecoins, following high-level talks between senior officials and major industry players.
Share
Cryptodaily2025/09/18 00:49