In accordance with BitcoinWorld, Transak, a leading Web3 payment infrastructure provider, has secured money transmitter licenses in six new U.S. states: Iowa, Kansas, Michigan, South Carolina, Vermont, and Pennsylvania. This expansion brings the company’s total operational states to eleven, enabling it to legally offer direct stablecoin payment processing, fiat-to-crypto conversion, and regulatory-compliant digital asset transactions. The move addresses regulatory compliance challenges and enhances accessibility for users seeking to convert traditional money into digital assets. The expansion is seen as a step toward broader stablecoin adoption in the U.S. financial system.
Transak Expands Stablecoin Payments to 11 U.S. States with 6 New Licenses
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