• Ex-Binance.US CEO Brian Shroder launches 1Money, a new stablecoin orchestration platform.
• Platform introduces zero platform fees, switching to usage-based pricing.
• Will integrate into a future L1 blockchain offering gas-free stablecoin payments.
• Comes after securing $20M seed funding and gaining 34 U.S. money transmitter licenses.
• Stablecoin competition is heating up as Visa, Mastercard, Ripple, and fintech firms expand services.

1Money, a company co-founded by former Binance.US CEO Brian Shroder, has officially launched its new stablecoin orchestration platform as it prepares to roll out its own layer-1 blockchain designed specifically for stablecoin payments.

The platform — also named 1Money — offers a fee structure aimed at disrupting current stablecoin service providers. Instead of monthly platform charges, 1Money will operate with usage-based fees for stablecoin and fiat transactions, while eliminating traditional platform costs entirely. The long-term vision is to enable gas-free payments once the company’s dedicated L1 network goes live.

Shroder said that many stablecoin service providers have slowed industry growth with high fees and outdated models, adding that 1Money intends to end what he called “outrageously high monthly minimums and bloated fees.” The new platform is being positioned as a streamlined, regulated alternative for stablecoin transactions and custody.

Shroder previously served as CEO of Binance.US from 2021 to 2023 before launching 1Money in 2024. In January 2025, the company secured $20 million in seed funding, which helped accelerate development of both the platform and its upcoming blockchain network.

The new launch comes shortly after 1Money announced that it had secured 34 money transmitter licenses across the United States, a key requirement for offering compliant stablecoin services. Beyond payments, the orchestration platform will also provide regulated stablecoin custody and infrastructure tools, supporting businesses that want to integrate stablecoin rails into their operations.

The announcement arrives during a period of rapid growth in the stablecoin sector. As U.S. and EU policymakers introduce clearer regulatory frameworks, major financial and fintech companies are entering the market. Earlier this week, payments provider Unlimit introduced a non-custodial stablecoin platform, while global giants Visa and Mastercard added stablecoin support to their networks in late 2024.

Ripple has also expanded its footprint, offering stablecoin payment capabilities following its $200 million acquisition of Rail last year. The company rolled out its own stablecoin, RLUSD, in 2024 to compete in the rising demand for blockchain-based settlement tools.

With 1Money now live and a proprietary L1 network on the way, Shroder’s new venture enters a rapidly evolving landscape where operational efficiency, regulatory compliance and low-cost payments are becoming decisive advantages.

Final Thought

1Money’s stablecoin platform launch marks another major step in the race to build next-generation payment infrastructure — and with a gas-free L1 on the horizon, competition among stablecoin innovators is only heating up.