Transak, a leading global crypto payments infrastructure provider, has announced the acquisition of five new state money transmitter licenses (MTLs) in the United States — a key step in its mission to expand stablecoin-based payment solutions across the country.
The newly obtained licenses, which include approvals in Texas, Illinois, Florida, Washington, and Pennsylvania, significantly broaden Transak’s regulatory footprint, enabling it to legally operate fiat-to-crypto and crypto-to-fiat payment services in some of the most important financial jurisdictions in the U.S.
Bridging Traditional Finance and Web3 Payments
Transak has become one of the most trusted fiat on-ramp providers for Web3 developers, allowing users to buy, sell, and transfer crypto assets — including stablecoins like USDC, USDT, and PYUSD — directly through apps and wallets.
The expansion of its U.S. licensing marks another major step toward its goal of connecting traditional financial systems with blockchain-based infrastructure, enabling faster, cheaper, and more compliant transactions.
Stablecoins are the most promising bridge between traditional payments and crypto adoption,” said Sami Start, CEO and co-founder of Transak. “With more licenses and regulatory coverage, we’re empowering businesses and users across the U.S. to access digital assets safely and seamlessly.”
Why It Matters
The U.S. market remains one of the most tightly regulated and strategically important for fintech and crypto firms. Obtaining state licenses is often a long and expensive process — making Transak’s achievement a signal of both compliance strength and long-term commitment to the American market.
As regulators push for clearer rules on digital asset payments, companies like Transak are positioning themselves ahead of the curve by building robust regulatory foundations that can support both innovation and trust.
The Bigger Picture
Transak’s move also reflects the growing institutional interest in stablecoins as real-world payment tools, not just trading instruments. With Visa, PayPal, and fintech startups increasingly adopting blockchain rails, Transak’s expanded presence could help fuel wider adoption of crypto-powered payments in retail and online commerce.
💡 Final Thoughts
The expansion of Transak’s licensing footprint comes at a pivotal moment for the crypto payments industry. As global players look for compliant ways to integrate stablecoins into everyday finance, Transak’s proactive regulatory strategy may set a new standard for the future of Web3 payments.