Utila, the institutional grade MPC wallet infrastructure provider for stablecoin payments and digital asset operations, today announced the launch of its Licensed Partner Network - an industry first program that lets fintechs and enterprises without their own money-transmission, e-money, or crypto-asset-service-provider licenses launch compliant stablecoin payment, custody, and payout products by plugging into a network of licensed partners, all through a single integration with Utila's platform.
Fipto, CoinGate, Balance, and Surus are early participants in the network, collectively extending licensed coverage across the European Union, United States, 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.
Bentzi Rabi, Co-founder & CEO, Utila
The Problem
Most fintechs that want to offer stablecoin payments, payouts, or custody don't hold the licenses required to do so directly - an EU MiCA CASP authorization, US money transmitter licenses (MTLs) licensing, or regulated custodian status. Obtaining these licenses directly can take 12-24 months and requires significant capital. As a result, many companies that are otherwise ready to move forward and offer their clients stablecoin-based products remain on the sidelines.
An Industry-First Solution
Utila's Licensed Partner Network connects unlicensed clients to licensed partners who act as the regulated counterparty of record for custody, payments, or exchange activity. Utila provides the underlying MPC wallet infrastructure, policy engine, and compliance tooling that ties the experience together under a single technical integration. Clients get one platform and one integration; the network handles the regulatory perimeter behind it. It is the first network of its kind to combine licensed coverage across multiple markets with a unified wallet and operational infrastructure layer.
Early Network Participants
This initial phase of the network brings together regulated providers with complementary licenses, services, and geographic coverage. Through Utila, clients can connect with the partner suited to their target market and activity. The early network participants now include:
Fipto (France/EU)
Fipto is the modern infrastructure for B2B payments and treasury, powered by stablecoins. Fipto enables global companies to send, receive, and manage funds with near-instant settlement and 24/7 availability. By facilitating global money movement with regulated, programmable infrastructure, Fipto helps businesses optimize capital mobility and transparency. Fipto holds multiple licenses and regulatory approvals, including a Payment Institution license with the ACPR in France and a MiCA CASP license with the AMF in France. Fipto is available through API, web platform or Treasury Management Systems. Learn more about Fipto's payment solutions at www.fipto.com.
CoinGate (EU, expanding to Switzerland)
CoinGate is crypto payments infrastructure for business, serving companies, enterprises, and fintechs since 2014. CoinGate enables companies to accept crypto payments and run mass payouts with built-in FX, hold crypto and fiat in a single account, and settle in EUR, USD, GBP, or stablecoins. By pairing regulated custody and exchange with production-ready payment tools, CoinGate helps businesses access crypto payments quickly and with confidence. Learn more about CoinGate's business solutions at www.coingate.com.
Balance (United States & Canada)
Balance is Canada’s oldest and largest digital asset custodian, a qualified U.S. and Canadian custodian through their subsidiary Balance Trust Company, and regulated U.S. money transmitter through their subsidiary Balance USA which is licensed across a majority of US states, providing custody and payout coverage in North America.
Surus (United States)
Surus is an onchain fiduciary whose wholly owned North Carolina-chartered trust company provides corporate trust services for institutions and fintechs. Surus services include qualified custody, tokenization, and fund administration as well as serving as a trustee and collateral agent for onchain products.
Global Coverage Planned
Utila plans to expand the network with additional licensed providers and geographic coverage over the coming months. This will give fintechs and enterprises a more consistent way to launch and scale stablecoin products across markets while working with an appropriately licensed counterparty in each jurisdiction. Companies interested in accessing the network or participating as a licensed partner can contact Utila at https://utila.io/contact.
About Utila
Utila is the leading stablecoin and digital asset infrastructure platform for fintechs and enterprises. Utila enables organizations of all sizes to securely build, manage, and scale digital asset operations across stablecoin payments, treasury, trading, tokenization, and beyond. The platform combines institutional-grade MPC wallets, granular policy controls, robust APIs, multi-chain support, payment and tokenization engine, and deep integrations with banking, compliance, exchanges, DeFi, and more. Trusted by 300+ industry leaders, Utila processes more than $25B in monthly volume and has secured over $200B in transactions to date.
