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Mesh Raises 82 Million USD with Stablecoin: Has the Crypto Payment Revolution Begun?
Crypto payment company Mesh recently made headlines by successfully raising 82 million USD in a Series B funding round led by Paradigm, with most of the capital paid in PayPal's stablecoin PYUSD. This move not only marks a new advancement in expanding the global payment network but also confirms the booming trend of stablecoins in the digital asset sector. So, what is Mesh doing, and how does this impact the crypto market?
Mesh raises $82M in a Series B funding round
#Mesh secures $82M in a Series B funding round led by Paradigm with participation from ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna, AltaIR Capital and others.
Mesh is a modern financial operating system that provides enterprise clients with the ability to enable digital asset transfers, crypto payments, account aggregation and registered securities trading, all within their platform.
👉 x.com/bamazizii/status/1899493410970730713
#Mesh secures $82M in a Series B funding round led by Paradigm with participation from ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna, AltaIR Capital and others.
Mesh is a modern financial operating system that provides enterprise clients with the ability to enable digital asset transfers, crypto payments, account aggregation and registered securities trading, all within their platform.
👉 x.com/bamazizii/status/1899493410970730713
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Crypto comes closer to life: Mesh integrates Apple Pay, opening the door to cryptocurrency payments
At the Token2049 event, the startup Crypto Mesh made a strong impression with a highly applicable breakthrough: integrating support features for transactions with cryptocurrency. According to the announcement, this feature will officially launch at the end of this quarter and allow users to pay with crypto, automatically converting to stablecoins during transactions – helping retailers easily accept payments.
This is a notable advancement in the journey of bringing crypto into real life. Connecting familiar payment technologies like Apple Pay with crypto not only increases convenience for users but also helps expand the consumer ecosystem of Web3.
The new feature also opens up opportunities for traditional businesses to access crypto without having to worry about the price volatility of digital assets, thanks to the mechanism of converting to stablecoin during the payment process.
Long-term vision:
This event demonstrates that the potential of crypto lies not only in investment or trading but also in its ability to become a mainstream payment method, enabling global users to access financial services more conveniently and modernly.
Risk warning: This article does not constitute investment advice. The crypto market always carries high risks and is not suitable for everyone. Please consider carefully before making financial decisions.
At the Token2049 event, the startup Crypto Mesh made a strong impression with a highly applicable breakthrough: integrating support features for transactions with cryptocurrency. According to the announcement, this feature will officially launch at the end of this quarter and allow users to pay with crypto, automatically converting to stablecoins during transactions – helping retailers easily accept payments.
This is a notable advancement in the journey of bringing crypto into real life. Connecting familiar payment technologies like Apple Pay with crypto not only increases convenience for users but also helps expand the consumer ecosystem of Web3.
The new feature also opens up opportunities for traditional businesses to access crypto without having to worry about the price volatility of digital assets, thanks to the mechanism of converting to stablecoin during the payment process.
Long-term vision:
This event demonstrates that the potential of crypto lies not only in investment or trading but also in its ability to become a mainstream payment method, enabling global users to access financial services more conveniently and modernly.
Risk warning: This article does not constitute investment advice. The crypto market always carries high risks and is not suitable for everyone. Please consider carefully before making financial decisions.
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