Why Stable Mint Chose Utila Over Fireblocks

Stable Mint compared Fireblocks and Utila across policy management, API connectivity, blockchain coverage, product development, support, and commercial structure.

The company ultimately selected Utila because its team found the policy configuration experience easier to manage, saw a faster pace of product development, and valued the level of direct service available. Utila’s commercial model was also better aligned with an early-stage company that wanted to adopt institutional infrastructure before generating substantial transaction volumes through it.

“As a startup, it is so important to have providers that can grow and scale with you. That grow-together approach was one of the key reasons we chose Utila.”

— James Bennett CEO, Stable Mint

Policy-Controlled Mint, Burn, and Payout Operations

Stable Mint uses Utila to manage higher-value transactions across three core workflows:

• Minting USDSM and EURSM

• Burning stablecoins during redemptions

• Executing stablecoin payouts

Stable Mint configures the policies governing these transactions through the Utila platform and initiates signing programmatically through APIs. This allows blockchain operations to remain connected to Stable Mint’s own products while its team retains centralized control over transaction governance.

Separate Infrastructure for Operational Balances

Stable Mint maintains stablecoins used for operational purposes in Utila vaults that are separate from those supporting mint and burn activity.

This separates on-balance-sheet assets used in day-to-day operations from wallets associated with stablecoin issuance and redemption. The different wallet groups can be administered according to their respective functions.

Gas Management Improving the Customer Experience

Stable Mint abstracts blockchain mechanics from its customers and manages the gas required for its transactions through Utila wallets. This keeps gas management within Stable Mint’s internal operations rather than exposing it as part of the customer experience.

Native Support Across Multiple Networks

Utila’s expanding native chain coverage gives Stable Mint a more consistent infrastructure layer for wallet management, transaction signing, and policy administration across networks.

The impact is already visible on Etherlink. Stable Mint had experienced throughput limitations while operating without native infrastructure support for the network. After Utila introduced native Etherlink support, transaction throughput improved.

“Utila’s expanding native support across a broad range of chains has strengthened our multi-chain operations. On Etherlink, the native integration delivered a clear improvement in transaction throughput.”

— James Bennett, CEO, Stable Mint

A Product Roadmap That Continues to Expand

Stable Mint’s decision was also influenced by the rate at which Utila was adding new capabilities and blockchain integrations.

Rather than selecting infrastructure solely for its existing functionality, Stable Mint wanted a provider capable of responding as its network coverage, stablecoin products, and operational requirements developed.

“The pace of product development has been a major advantage. Utila continues to add new functionality and native network support as our requirements evolve.”

— James Bennett, CEO, Stable Mint