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Mt Pelerin launches the crypto IBAN
A core tenet of Bitcoin and cryptocurrencies is self-custody, the fact of owning and controlling one's money without any third party that could seize or freeze funds. It means financial freedom, but in practice it often means being disconnected from the rest of the world that uses the traditional banking system.
Thanks to our new crypto IBAN, this now changes and makes self-custody more convenient and integrated into everyday life.
With it, users can create a personal or and attach it to their crypto wallet, which enables them to:
These payments look like any standard bank transfer, sent and received from an IBAN in the user's name, while the crypto settlement happens seamlessly in the background.
This feature is a milestone for us, as our mission is to promote and simplify self-custody to make it a practical alternative to a traditional bank account.
Today, that vision is now reality. By giving a wallet its own IBAN, it becomes a powerful tool to hold and manage money without any third-party custody, while still being able to make transactions with the rest of the world.
It becomes a tool to opt-out from the custody of the banking system, the key to unlock financial freedom.
Yann Gerardi
Head of marketing
yann.gerardi@mtpelerin.com
www.mtpelerin.com
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