#AppleCryptoUpdate

Crypto News: Apple Pay customers will be able to pay in cryptocurrencies

Apple Pay opens up to crypto thanks to Mesh, which transforms payments into stablecoins and protects against the intrinsic volatility of digital assets.

During the ongoing Token2049 event in Dubai, Mesh presented its latest innovation: the integration of cryptocurrency payments for Apple Pay, the popular mobile payment system developed by Apple.

The announcement, revealed by co-founder and CEO Bam Azizi, showcased live how this new feature, available by the end of the second quarter, will allow merchants to accept crypto payments without the need to develop their own blockchain infrastructure.

The CEO of Mesh during his presentation at the Token2049 Conference in Dubai. – Source: CryptoNews

Through Mesh's new SmartFunding technology, customers will be able to pay using popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while merchants will receive funds in stablecoins like USDC, USDT, and PYUSD.

This approach aims to address one of the main obstacles to the mainstream adoption of cryptocurrencies: providing users with the flexibility to pay in crypto while ensuring a stable income for those receiving the payment.