#AppleCryptoUpdate

Mesh integrates Apple Pay to allow purchases with cryptocurrencies and payments in stablecoins.

The feature aims to bridge the "last mile" gap that has stalled the mass adoption of cryptocurrencies in payments, said co-founder and CEO Bam Azizi.

What you need to know:

Mesh will integrate Apple Pay into its platform, allowing the conversion of crypto to stablecoins at the time of payment.

The feature, scheduled to launch at the end of this quarter, will enable merchants to accept payments in crypto without having to handle crypto directly.

Stablecoins are emerging as a key tool for payments, facilitating the adoption of crypto in the real world.

The crypto payment startup Mesh plans to implement support for Apple Pay in transactions with digital assets, allowing buyers to pay with crypto while merchants receive settlements in stablecoins.

The feature, presented during Token2049 in Dubai, converts crypto to stablecoins at the time of payment using Mesh's patented SmartFunding technology. The system prevents merchants from having to directly manage crypto assets, offering what the company describes as a “plug-and-play” payment option through the Apple Pay interface.