J. Michael Bradley

Most teams assume a sponsor bank relationship means no state money transmitter licenses. The U.S. Payment Facilitator handbook shows why licensing is earned — by how your money moves and how your contracts are written.

Cross-border payment infrastructure hasn't kept pace with Payment 3.0 flows. Issuing as a Service and stablecoin-native rails are opening two corridors at once — LATAM, where Bridge and Rain are building card programs from the ground up, and India, where the Digital Rupee will likely play the lead role.

Open USD brings a broad industry alliance to stablecoin payments. J. Michael Bradley examines whether shared economics can overcome the challenges of governance, interoperability and execution.