Today, we’re introducing the Utila Licensed Partner Network, an industry-first program designed for fintechs and enterprises that want to offer stablecoin payments, payouts, custody, or exchange services but do not hold the required licenses themselves.
The network connects companies with regulated partners that can provide the appropriate coverage for supported activities and markets, while Utila provides the underlying MPC wallet and operational infrastructure.
Our first partners are Fipto, CoinGate, Balance, and Surus, collectively extending coverage across the EU, Switzerland, US, and Canada.
Licensing has been the single biggest blocker between a fintech's stablecoin roadmap and a live product. With the Licensed Partner Network, we're removing that blocker - one integration into Utila gives clients access to a regulated, licensed rail across the EU, US, and Canada, giving them a fast and compliant path to market, which doesn't involve time and cost intensive licensing processes. This is just the start - we're actively adding partners and expect to extend the network into new regions over the coming months.
This completes an important part of the Stablecoin 2.0 model we introduced earlier this year: giving institutions more control over the individual components of their stablecoin stack, including wallets, compliance, liquidity, counterparties, and now regulatory access.
If licensing is delaying your stablecoin roadmap, contact Utila to discuss the right partner structure for your market and use case.
