Mesh announced the successful raising of $82 million in Series B funding, led by Paradigm, with participation from several well-known institutions including Consensys. The Web3 payment system developed by Mesh simplifies the settlement process between crypto assets and merchants, allowing users to make payments without the need to exchange assets in advance. Most of this round of funding was settled through PayPal USD, highlighting the potential of stablecoins in the payment field. Mesh is committed to building a global cryptocurrency payment network and has already established partnerships with companies such as Revolut and Shift4.