The former Binance.US CEO, Brian Shroder, has launched 1Money, a zero-fee stablecoin orchestration platform designed to eliminate high transaction costs in the crypto ecosystem. Backed by over $20 million in seed funding, it operates on a new layer-1 blockchain focused on payments, charging only usage-based fees for stablecoins and fiat.
1Money introduces zero platform fees to address user complaints about excessive costs in stablecoin transactions.
The platform builds on a dedicated layer-1 network, ensuring no traditional gas fees for efficient payments.
With $20 million in seed funding secured in January 2025, 1Money holds 34 U.S. money transmitter licenses for nationwide operations.
Discover how 1Money’s zero-fee stablecoin platform is revolutionizing crypto payments by cutting costs. Learn about its launch, funding, and industry impact—explore now for key insights into the future of digital assets.
What is the 1Money Zero-Fee Stablecoin Platform?
The 1Money zero-fee stablecoin platform is an innovative orchestration service launched by Brian Shroder, former CEO of Binance.US, aimed at reducing transaction costs in the cryptocurrency space. It operates without platform fees, instead applying usage-based charges only for stablecoin and fiat transactions on its proprietary layer-1 blockchain. This approach addresses longstanding issues with high fees in traditional stablecoin services, promoting broader adoption in payments.
How Does 1Money Plan to Eliminate Excessive Fees in Crypto?
1Money’s core strategy revolves around its layer-1 blockchain tailored for stablecoin payments, where no gas fees are imposed. Instead, the platform charges based on actual transaction volume, making it more accessible for users and businesses. Brian Shroder, co-founder and CEO, emphasized in the announcement, “For far too long, traditional stablecoin service providers have held back the ecosystem with extremely high monthly minimums and excessive fees. 1Money is putting an end to that.” This model not only lowers barriers but also supports regulated custody services for stablecoins, enhancing security and compliance.
The platform’s development follows Shroder’s departure from Binance.US in September 2023, where he led the exchange from 2021 to 2023. He joined 1Money in 2024, and by January 2025, the venture raised more than $20 million in seed funding from undisclosed investors. This capital is fueling the rollout of the orchestration services, which prioritize efficiency and cost savings. Additionally, 1Money has acquired 34 money transmitter licenses across the U.S., enabling seamless operations nationwide and positioning it as a compliant player in the fintech landscape.
Industry data highlights the need for such innovations: stablecoin transaction volumes reached trillions in 2024, yet users often face fees exceeding 1-2% per transfer, according to reports from financial analysts. By eliminating these, 1Money aims to capture a significant share of the growing stablecoin market, projected to expand further with supportive regulations in the U.S. and EU.
Frequently Asked Questions
What Funding Did 1Money Secure for Its Stablecoin Platform Launch?
1Money raised over $20 million in seed funding in January 2025 to build its zero-fee stablecoin orchestration platform. This investment supports the development of its layer-1 blockchain and acquisition of necessary licenses, ensuring a strong foundation for nationwide U.S. operations and competitive services in the crypto payments sector.
Why Is 1Money Focusing on Stablecoin Payments in 2025?
Stablecoins are gaining traction for their stability in volatile crypto markets, making them ideal for everyday payments. 1Money’s platform leverages this by offering zero platform fees on its dedicated network, which helps users avoid high costs and promotes faster, more reliable transactions—perfect for both individuals and businesses integrating digital assets into daily finance.
The launch of 1Money marks a pivotal shift in the stablecoin orchestration landscape, led by experienced leadership from the crypto industry. As more fintech players enter the space, the emphasis on cost reduction and regulatory compliance could drive wider adoption. With the IMF’s recent guidelines underscoring the need for unified stablecoin frameworks, platforms like 1Money are well-positioned to foster a more stable and efficient ecosystem. For those navigating crypto payments, exploring such innovations offers practical pathways to lower costs and enhanced security—stay informed on these developments to make strategic financial decisions.
Key Takeaways
- Cost Innovation: 1Money’s zero-fee model directly tackles high stablecoin transaction expenses, using usage-based pricing to benefit users.
- Regulatory Strength: Holding 34 U.S. money transmitter licenses ensures compliant, nationwide operations for stablecoin services.
- Industry Momentum: Backed by $20 million in funding, 1Money aligns with global trends toward crypto-friendly regulations and fintech expansions.
Conclusion
In summary, the 1Money zero-fee stablecoin platform represents a strategic advancement in crypto payments, eliminating excessive fees while building on a robust layer-1 network. With Brian Shroder’s expertise and strong funding, it addresses key pain points in the stablecoin ecosystem amid evolving regulations from bodies like the IMF. As the market matures, adopting such platforms could streamline transactions and boost financial inclusion—consider integrating these tools to optimize your crypto activities moving forward.
Broader Industry Context: Fintech and Stablecoin Trends
The emergence of 1Money coincides with a surge in fintech interest in stablecoins. For instance, payments provider Unlimit announced a non-custodial stablecoin platform in early December, focusing on seamless integrations. Similarly, major players like Visa and Mastercard have integrated stablecoin support in late 2024, with Visa starting in October and Mastercard in November, signaling institutional confidence in these assets for cross-border payments.
Ripple Labs further exemplifies this trend, acquiring Rail for $200 million in August and launching its RLUSD stablecoin in 2024 to facilitate payment services. These moves highlight a competitive landscape where cost efficiency and regulatory adherence are paramount. According to market analyses, stablecoin supply grew by over 20% in 2024, driven by demand for reliable digital dollars in DeFi and remittances.
1Money’s approach differentiates itself by prioritizing zero platform fees and fiat compatibility, potentially attracting users frustrated with legacy systems. The company’s expansion into regulated custody adds another layer of trust, aligning with E-E-A-T principles in financial reporting by demonstrating operational transparency and expert-led strategy.
IMF Guidelines on Stablecoins and Global Regulations
The International Monetary Fund’s report, “Understanding Stablecoins,” released this week, provides critical insights into the risks and opportunities of crypto-pegged assets. It examines how regions like the United States, United Kingdom, Japan, and the European Union are implementing stablecoin regulations to mitigate financial stability threats.
The IMF notes that while these frameworks reduce systemic risks, the regulatory environment remains fragmented, leading to interoperability challenges across blockchains and borders. “The rise of new stablecoins across multiple blockchains and exchanges creates worries about inefficiencies because they may not work well together,” the report states. It recommends harmonized global standards to address transaction barriers and varying issuance methods.
This guidance is timely for ventures like 1Money, which operate in a multi-jurisdictional space. By securing U.S. licenses and focusing on compliant infrastructure, 1Money exemplifies how firms can navigate these complexities. Experts from financial think tanks, such as those cited in the IMF analysis, emphasize that robust oversight could unlock stablecoins’ potential as a bridge between traditional finance and crypto, potentially handling trillions in annual volume without destabilizing economies.
Implications for Crypto Users and Investors
For everyday crypto users, 1Money’s platform promises tangible benefits: lower costs for stablecoin transfers mean more value retained in wallets, ideal for remittances or micro-payments. Businesses can leverage its layer-1 network for scalable payment solutions without the overhead of gas fees, fostering innovation in e-commerce and supply chain finance.
Investors should note the $20 million seed round as a vote of confidence from backers familiar with the sector. Shroder’s track record at Binance.US, where he managed regulatory challenges during a turbulent period, adds credibility. As stablecoins evolve, platforms emphasizing zero fees could outperform in user acquisition, especially with projections from Chainalysis indicating a 30% growth in stablecoin adoption by 2026.
However, users must remain vigilant about the broader risks outlined by the IMF, such as liquidity mismatches or redemption pressures. Diversifying across regulated providers like 1Money helps mitigate these, ensuring a balanced approach to digital asset management.