1Money secures $20M to develop a global payment network for stablecoins, aiming for mainstream use.

1Money, a startup co-founded by former Binance.US CEO Brian Shroder, secured over $20 million in funding to develop a new global payment network for stablecoins. The 1Money Network aims to offer fast, secure, and compliant transactions with low fees, supporting various stablecoins across different currencies. The company plans to launch the network in the second quarter of this year, aiming to make stablecoin transactions more mainstream and efficient.

2 months ago
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