PANews August 14 news, according to The Block, Mesh announced that it has secured a new round of investment from PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, among others, with a total financing amount exceeding 130 million USD. Part of the new funds will be settled in PayPal USD (PYUSD) stablecoin, and Mesh technology supports instant transfers. Mesh provides cryptocurrency payment infrastructure for enterprises, allowing users to pay with over a hundred cryptocurrencies, and merchants can settle instantly in stablecoins or fiat currency. The company plans to use the new funds to expand its products and APIs, serving more payment platforms.