1Money

1Money is a full-stack stablecoin infrastructure company built to make stablecoin payments as simple and predictable as sending an email. Operating two complementary products — the 1Money.com orchestration platform and the proprietary 1Money Network — the company targets businesses that want to receive, convert, store, and send stablecoins globally without navigating variable gas fees, opaque pricing, or compliance gaps. With Solana interoperability built into the network from the start and support for Solana-native stablecoins across its orchestration platform, 1Money occupies a meaningful position in the cross-chain stablecoin stack that Solana businesses increasingly depend on.

Two Products, One Stack

1Money.com is the consumer-facing and enterprise-facing layer: a regulated orchestration platform accessible through a REST API suite. Businesses integrate it to automate on/off-ramps, fiat-to-stablecoin conversions, cross-border payments, and digital wallet management. The platform supports ACH, SEPA, PIX, and UPI rails, meaning a business sending payments from the United States to Brazil or India can route through local fiat infrastructure without manual FX handling. Virtual accounts come with local routing numbers and IBANs, and a sandbox environment lets developers test flows before touching production funds.

1Money Network sits underneath as a proprietary distributed ledger designed solely for stablecoin payments and real-world assets. Shroder has described it explicitly as "not a blockchain" in the traditional sense — the network uses a patent-pending Byzantine Consistent Broadcast (BCB) protocol rather than block-based consensus. Transactions are broadcast and confirmed immediately rather than bundled into blocks, enabling finality in under one second with claimed throughput exceeding 250,000 transactions per second. The architecture has no smart contract layer by design, eliminating the attack surface that has drained hundreds of millions of dollars from DeFi protocols through reentrancy exploits and logic bugs.

Solana Interoperability

1Money Network launched with native bridging for supported stablecoins across major chains including Ethereum and Solana. This means USDC held on Solana can be moved onto the 1Money Network for near-instant settlement and back again, with the platform acting as settlement infrastructure rather than a competing destination. The orchestration layer on 1money.com handles Solana-issued stablecoins natively, and Phantom — the leading Solana wallet — has been cited as a target integration for gasless transaction access through network partners. For Solana-based businesses that need compliant global payment routing, 1Money positions itself as a backend rail rather than a replacement for Solana's on-chain ecosystem.

Fee Model and Pricing

1Money's market differentiation centers on cost transparency. The 1Money.com platform charges zero platform fees — no monthly minimums, no setup costs, no markup on conversions — collecting only usage-based fees per transaction. On the network layer, the absence of a native utility token means gas fees can be set as flat rates denominated in the stablecoin being transacted, avoiding the fee volatility that plagues networks where gas is priced in a volatile native asset. The network's 1MNT token (created April 2026, total supply 34 billion, 6 decimal places) exists on the 1Money Network ledger, though the flat-fee model does not depend on token speculation.

Compliance and Custody Architecture

Regulatory coverage is a central part of the product thesis. 1Money USA, Inc. holds FinCEN registration as a Money Services Business and has accumulated money transmitter licenses across U.S. jurisdictions — reaching 34 licenses as of September 2025. The international entity, 1Money Bermuda Ltd., operates under a digital asset business license from the Bermuda Monetary Authority.

Custody uses Threshold Signature Scheme Multi-Party Computation (TSS-MPC), an institutional-grade approach that distributes key management across multiple parties so no single point of compromise can drain funds. The 1Money Network enforces compliance at the validator layer: validators are permissioned and must meet AML and KYC requirements, with sanctions screening built into transaction processing. This approach contrasts with permissionless chains where compliance is the application layer's problem rather than a network-level guarantee.

Team and Funding

1Money was co-founded by Brian Shroder and Matt Shroder. Brian served as CEO of Binance.US from 2021 to 2023, overseeing the exchange during a period of rapid U.S. regulatory pressure, before joining 1Money in 2024 as CEO. Matt Shroder brings operational depth from a senior vice president role at Binance's global operations and earlier experience at Uber. The founding team's background across regulated financial services and high-scale crypto operations informed the decision to pursue heavy licensing coverage before growth, a posture uncommon for early-stage crypto infrastructure companies.

The company emerged from stealth in January 2025 after securing over $20 million in seed funding. Backers include Kraken, KuCoin, BitGo, and Hack VC, a grouping that spans regulated exchange infrastructure, institutional custody, and growth-stage crypto venture — each investor representing a segment of the B2B stablecoin market 1Money is targeting. The public platform launch followed in December 2025.

Ecosystem Fit

Solana has become the dominant network for stablecoin volume, processing $650 billion in stablecoin transactions in February 2026 alone and capturing over 32% of weekly adjusted stablecoin transfer volume globally. That volume concentration means Solana-native businesses increasingly need compliant off-ramp infrastructure for moving on-chain stablecoin balances into fiat accounts across jurisdictions. 1Money addresses this gap directly: rather than asking businesses to build their own MTL stack or integrate with fragmented regional payment processors, the platform delivers pre-licensed fiat rails accessible through a single API. The Solana bridge on the 1Money Network ensures that stablecoins issued on Solana — USDC, PYUSD, and others — remain first-class citizens within the payment flow rather than requiring wrapping or synthetic representations.