Mesta’s innovations in financial technology position itself at the forefront of global payments platforms. With an API-driven approach using stablecoin infrastructure, Mesta helps businesses facilitate seamless fund transfers, including cross-border and FX transactions, faster and more inexpensively than previous options. 

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The Challenge

As Mesta expanded its commercial offerings, the complexity of managing its treasury operations across multiple currencies and stablecoins grew. The company needed an efficient and secure way to handle large-scale, multi-currency transactions. Traditional financial systems weren’t built to manage the fluidity and scalability of stablecoin-based transactions; Mesta required a partner that could provide embedded wallet infrastructure that would streamline its treasury operations.

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The Solution

Portal, a wallet-as-a-service platform, offered the ideal solution for Mesta. Portal’s robust Enclave MPC API provided the necessary tools to simplify and enhance its treasury management processes. 

• Speed to use: Portal’s API makes integration a simple and fast process, allowing Mesta to get started quickly
• Enterprise-grade security: Mesta transacts significant volume and requires the highest level of security‍
• Sustainable costs at scale: As Portal doesn’t charge based on transaction volume, Mesta could account for its business expenses without concern that success would change their model

The Impact

In the few short weeks since launch, the Mesta Payment Network has processed over $3M in transactions, seamlessly converting stablecoins into multiple fiat currencies worldwide. As Mesta continues to innovate in the payments space, Portal will remain a dedicated strategic partner on that journey. 

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Learn more about how Portal can help your business scale seamlessly with Enclave MPC API and embedded wallet infrastructure. Contact us to get started!