Case Study: Mt Pelerin scales self-custodial fiat on/offramps with Circle Mint

Mt Pelerin scales large OTC stablecoin cashouts with Circle Mint

Mt Pelerin, a regulated crypto brokerage, faced a challenge scaling its self-custodial fiat on/offramps for large OTC transactions. Their core philosophy of not requiring users to give up asset custody was misaligned with traditional centralized exchange infrastructure, leading to unreliable liquidity sources, unpredictable costs, and slow execution times for USDC and EURC conversions, which hindered their ability to confidently quote and execute major deals.

By implementing Circle Mint from Circle, Mt Pelerin gained a direct, institutional-grade path for minting and redeeming stablecoins. This solution provided faster, more predictable bank transfers and onchain execution, enabling near-instant conversions at par for large amounts. As a result, Circle helped Mt Pelerin achieve operational confidence, improve customer satisfaction, and execute its OTC service more competitively, especially for urgent or large-volume requests that they previously could not fulfill.

Mt Pelerin