#AppleCryptoUpdate #Stablecoins
With this solution, both physical stores and online businesses will be able to accept payments with crypto without the need to develop additional infrastructure. Mesh plans to launch the feature towards the end of the second quarter of 2025.
We believe that as soon as crypto payments are as seamless as fiat payments, nothing will be able to stop the massive migration of global commerce towards blockchain pathways,” stated Bam Azizi, CEO and co-founder of Mesh.
Blockchains and stablecoins —tokens linked to the value of traditional currencies— are gaining prominence as tools for fast and low-cost payments. Their use is rapidly growing in remittances, payroll, and commerce. Stripe, for example, is testing a stablecoin payment tool after acquiring Bridge, while PayPal has already launched its own stablecoin.
Mesh raised $82 million earlier this year to expand its global settlement network based on stablecoins.
