# 1Money Network

> The World's First Stablecoin Payments Network

1Money Network builds the first Layer 1 blockchain exclusively for stablecoin payments with instant confirmations and fixed fees.

1Money Network helps users send stablecoins instantly and cheaply through a purpose-built Layer 1 protocol. With it, users can transfer multiple stablecoins across fiat currencies, pay network fees in the same stablecoin being sent, and access native compliance features. 1Money Network enables businesses and consumers to use stablecoins for everyday payments without complex tokenomics or volatile gas tokens.

- Type: Company
- Sector: Finance
- Status: Announced
- Founded: 2024-01-01
- Profile: https://thegrid.id/profiles/1money_network

## Products

- [1Money Network](https://thegrid.id/profiles/1money_network): 1Money Network is a Layer 1 distributed ledger that uses Byzantine Consistent Broadcast protocol for instant stablecoin transactions. The system processes over 250,000 transactions per second without blocks or smart contracts, enabling fixed-fee payments in the same stablecoin being transferred. The architecture includes native compliance features and permissioned validator requirements. (L1, Open Beta, Main Product)

## Links

- [Main](https://www.1moneynetwork.com)
- [Blog](https://1moneynetwork.com/blog)
- [Privacy policy](https://www.1moneynetwork.com/legal-and-privacy/privacy-policy)
- [Terms of Service](https://www.1moneynetwork.com/legal-and-privacy/terms-of-service)
- [Documentation](https://developer.1moneynetwork.com)
- [Twitter / X](https://x.com/1MoneyNetwork)
- [Facebook](https://www.facebook.com/1MoneyNetwork)
- [LinkedIn](https://www.linkedin.com/company/1money)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP