TLDR
Mesh is adding Apple Pay support for crypto transactions, converting crypto to stablecoins at checkout
The feature will launch later in Q2 2025 and lets merchants accept crypto without handling it directly
Mesh’s SmartFunding technology allows users to pay with their preferred crypto while merchants settle in stablecoins
The integration works for both physical retail locations using NFC and e-commerce platforms
Mesh recently raised $82 million in Series B funding and has over 300 integrations including Coinbase and Binance
Crypto payments startup Mesh plans to roll out Apple Pay support for digital asset transactions, allowing consumers to spend cryptocurrency while merchants receive stablecoin settlements. The company unveiled this new feature during Token2049 in Dubai as part of its effort to make crypto payments as seamless as traditional fiat transactions.
The integration, scheduled to launch later in the second quarter of 2025, converts cryptocurrency to stablecoins at checkout using Mesh’s proprietary SmartFunding technology. This system enables brick-and-mortar retailers and online shops to accept crypto payments without building their own infrastructure.
“We believe that as soon as crypto payments are as seamless as fiat payments, nothing is left to stop the mass migration of global commerce onto blockchain rails,” said Bam Azizi, CEO and co-founder of Mesh, during his keynote address at Token2049.
How It Works
The process is designed to be user-friendly. Shoppers simply select Apple Pay at checkout, authenticate with Face ID, and complete the transaction as they would with any traditional payment. Behind the scenes, Mesh converts cryptocurrencies like Bitcoin, Ethereum, or Solana into stablecoins such as USDC, USDT, or PYUSD.
This approach solves what Mesh calls the “last-mile” gap in crypto adoption for payments. By allowing consumers to use their preferred cryptocurrencies while merchants receive stablecoins, the company aims to align the interests of both parties.
The technology works both for physical retail locations using Apple Pay’s NFC capabilities and for e-commerce platforms. This flexibility gives merchants multiple ways to implement crypto payment options without specialized equipment.
Growing Stablecoin Adoption
Stablecoins have become increasingly central to payments in the crypto ecosystem. These tokens, pegged to the value of traditional currencies, offer faster and cheaper alternatives to conventional payment channels.
Major payment companies have recognized this trend. Payments giant Stripe is currently testing a stablecoin tool following its acquisition of Bridge. PayPal has also launched its own stablecoin to participate in this growing market.
Mesh demonstrated the Apple Pay integration live on stage at Token2049. Azizi showed how merchants with physical retail locations can leverage Apple Pay’s contactless technology, offering customers the same frictionless experience in-store as they would have online.
The innovation comes shortly after Mesh secured $82 million in Series B funding. The round was led by Paradigm, with participation from Consensys, QuantumLight Capital, Yolo Investments, and other backers.
Mesh has built an extensive network of integrations to support its payment infrastructure. The company reports over 300 partnerships, including major crypto platforms like Coinbase, Binance, MetaMask, and Phantom.
The crypto payment startup describes its solution as “plug-and-play,” emphasizing the ease with which merchants can begin accepting digital asset payments through the familiar Apple Pay interface.
Mesh’s Apple Pay integration is expected to be available later in the second quarter of 2025, allowing more merchants to accept crypto payments without handling digital assets directly.
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