Former Binance.US CEO Brian Shroder Launches 1Money — Zero‑Fee Stablecoin Payments on New Layer‑1
Brian Shroder, wey be co‑founder and former CEO for Binance.US, don launch 1Money — na stablecoin orchestration and payments platform wey comot platform fees and use usage‑based charging model for fiat and stablecoin transfers. 1Money talk say e go run for purpose‑built Layer‑1 blockchain wey dem optimize for instant, low‑cost, high‑security stablecoin payments with gas‑free transfers for users. The company don raise seed funding before (later report talk say $20 million and mention investors like Hack VC; earlier report mention wider investor list like F‑Prime, Galaxy Ventures, Kraken Ventures and Tribe Capital). The zero‑fee stance target fintechs and enterprises by undercutting incumbents wey dey charge monthly minimums and platform fees. Traders suppose note possible impacts: zero‑fee model fit make stablecoin payments catch on faster and increase on‑chain stablecoin volume, but long‑term success go depend on steady network performance, liquidity, and regulatory clarity. SEO keywords: zero‑fee stablecoin, stablecoin payments, 1Money, Layer‑1 stablecoin network, Brian Shroder.
Bullish
Di launch of 1Money and the zero-fee stablecoin payments model fit likely make steadycoin ecosystem and on-chain transaction volumes dey bullish. For short term, traders fit see demand for stablecoins rise as fintechs and enterprises dey pilot low-cost settlement rails, we go boost transfer volumes and on-chain activity. If 1Money’s Layer-1 deliver reliable, gas-free settlement and e attract liquidity, e fit shift payment flows to the network and benefit tokens wey dem dey use for settlement inside im ecosystem. But the positive price impact depend: benefits dey on network uptime, real cost economics (who dey bear off-chain costs), merchant and custodial integrations, and regulatory acceptance. If the project no fit scale, get performance issues, or face regulatory pushback, the bullish effect go reduce. Overall, compared with incumbents wey dey charge platform fees, a credible zero-fee operator dey increase chance of adoption for payment-oriented stablecoins, supporting a constructive market view for related stablecoin usage and on-chain volume.