The regulated EMT layer for acquirer settlement. Settle in seconds, redeem at par.
You settle stablecoins to merchants, and from July 2026 the issuer behind your rail must be an EU-authorised EMI. Stable Mint is that regulated counterparty layer: EURSM and USDSM settle to merchant wallets in roughly ten seconds.
Six fiat rails,
two native stablecoins.
EUR
USD
GBP
SEK
HKD
CHF SEPA, SWIFT, and FPS rails via BankingCircle; domestic SEK via Multitude Bank.
EURSM
USDSM Any USDC-compatible wallet supports USDSM and EURSM. USDSM is live on Etherlink, Ethereum, Base, and Arbitrum via LayerZero V2 OFT. Issued by Stable mint Ltd as an EU-authorised Electronic Money Institution, with a statutory 1:1 redemption right.
Regulated at every layer.
- Licence
- MFSA Electronic Money Institution
- Token regime
- MiCA Title IV · Art. 48-58
- Reserves
- 3 regulated credit institutions
- Redemption
- 1:1 at par · statutory right
Reserve assets are safeguarded across three regulated credit institutions, with no single counterparty holding them all. Both EURSM and USDSM are pausable and support compliance-driven address freezing at the contract level, relevant for an acquirer settling to merchants in regulated verticals with their own compliance and licensing obligations.
The EMT layer in your acquirer settlement rail.
If you settle stablecoins to merchants today, you most likely route through a non-compliant provider: a third-party issuer that does not hold EU EMI authorisation under MiCA Title IV. Under transitional grandfathering, that worked.
That arrangement is ending. For the MiCA-authorised firms in your merchant base, the issuer behind your settlement rail now has to be an authorised counterparty, not a grandfathered third party.
Three constraints
shape your build.
Exposure to non-compliant issuers
If your merchant base includes MiCA-authorised firms, you face a forced switch: from July 2026 a non-compliant provider is no longer a usable counterparty for them.
Wallet and UX continuity
Your merchants already run USDC-compatible wallets, operations playbooks, and finance reporting. A new settlement asset shouldn't force a wallet migration or a retraining cycle.
Optionality on USDC
Many merchants still need USDC for downstream liquidity. Your stablecoin layer needs a clean route to USDC alongside the regulated EMT issuance.
From July 2026, the EMT layer is mandatory in the rail.
MiCA-authorised firms can only use stablecoins issued by EU-authorised EMIs. Non-compliant stablecoin providers, even those running large merchant books today, lose access for those firms once transitional grandfathering ends in June 2026. The acquirer keeps the rail; the issuer behind the rail must change.
Stable Mint fills that layer as an EU-authorised EMI, issuing EURSM and USDSM under MiCA Title IV.
MiCA Title IV · Articles 48-58One regulated rail,
card to merchant wallet.
Hold as EMT
Treasury, operating reserve, cross-chain. USDSM is live on four chains via LayerZero V2.
Fiat off-ramp
Stable Mint burns at 1:1 par redemption and dispatches fiat to the merchant bank via SEPA, SEPA Instant or SWIFT.
USDC routing
Routed via third-party liquidity, at roughly 2 to 3 bps additional cost.
Settlement collapses from T+2/T+3 to roughly ten seconds: the acquirer triggers a Stable Mint settlement call, and EURSM or USDSM mints into the merchant's Stable Mint Wallet in seconds.
Four capabilities
decide the architecture.
MiCA Title IV EMT issuance
EURSM and USDSM are issued under MiCA Title IV by Stable Mint as an EU-authorised EMI. The EMT sits in your settlement rail with the regulatory standing MiCA requires of MiCA-authorised firms.
Drop-in wallet compatibility
Any USDC-compatible wallet supports USDSM and EURSM. Your merchants keep their existing wallet integrations, custody set-up, and operations playbook. No migration, no retraining.
USDC routing kept as a fallback
Where merchants still require USDC for downstream liquidity, Stable Mint routes via third-party liquidity at roughly 2 to 3 basis points of additional cost. Optionality is preserved.
Vertically integrated, settled in seconds
Card transaction to merchant wallet collapses from T+2/T+3 to roughly ten seconds. Multi-currency rails, reserves safeguarded across three credit institutions, full lifecycle under one EMI authorisation.
Why an EMT, not a third-party stablecoin?
A third-party stablecoin sits outside MiCA Title IV; an EMT is issued under it. That is the difference between a counterparty your MiCA-authorised merchants can keep using and one they cannot. The EMT is the regulated layer your rail needs.
What it takes to go live.
- 01
You add one call
On your side, integration is a single settlement call into the card flow you already run: destination wallet, amount, EMT denomination. No new rail, no change to how you process cards.
- 02
We run the regulated lifecycle
Behind that call, Stable Mint mints the EMT, safeguards the reserves across three credit institutions, and redeems at par. The regulated side is ours to operate, not yours to build.
- 03
Your merchants do nothing
Settlement lands in the USDC-compatible wallets they already use, with reporting that carries over. No migration to coordinate, no retraining across your base.
What the architecture delivers.
Settlement in seconds, card to merchant wallet
A card transaction settles into the merchant's wallet in roughly ten seconds, down from T+2/T+3 on traditional rails, with EURSM or USDSM minting on the settlement call.
A MiCA-authorised counterparty in your rail
EURSM and USDSM are issued under MiCA Title IV by Stable Mint as an EU-authorised EMI, with reserves safeguarded across three regulated credit institutions and a statutory 1:1 par redemption right.
No wallet migration for your merchants
Any USDC-compatible wallet supports USDSM and EURSM, so your merchants keep their existing wallet integrations, custody set-up and operations playbook. No migration, no retraining.
USDC optionality, preserved
Where merchants still need USDC for downstream liquidity, Stable Mint routes via third-party liquidity at roughly 2 to 3 basis points of additional cost.
Where to next?
Explore how other businesses use Stable Mint, or talk to our team about acquirer settlement.