Transak secures 6 new US state licenses as it expands stablecoin payments footprint

Transak expands stablecoin services with 5 new US state licenses

Transak expands stablecoin services US licenses, gaining approval in five states to enhance regulated fiat-to-crypto payment operations. The post Transak expands stablecoin services with 5 new US state licenses appeared first on Crypto Briefing.

Transak secures 6 new U.S. state licenses and expands stablecoin payments footprint - The Cryptocurrency Post

Transak has obtained six additional Money Transmitter Licenses (MTL) in the United States — Iowa, Kansas, Michigan, South Carolina, Vermont and Pennsylvania, enabling the lawful processing of payments and fiat‑to‑stablecoin conversions in those jurisdictions. The expansion strengthens Transak USA LLC’s regulatory presence and lowers local barriers to using stablecoins for payments and transfers, affecting users, on‑ramp developers and compliance…

Transak secures 6 new US state licenses as it expands stablecoin payments footprint

The new licenses expand Transak’s regulated reach to 10 US states, underscoring the costly, patchwork path to stablecoin compliance.