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Mesh secures $82 million in Series B funding to expand its crypto payments infrastructure, enabling seamless transactions through stablecoins. Its SmartFunding technology allows users to pay with any cryptocurrency while merchants receive stablecoins instantly, eliminating conversion complexities. With partnerships across major platforms and growing adoption of blockchain-based payments, Mesh is scaling its network to support the increasing demand for digital transactions.
The $82M Investment That Pushes Crypto Payments Forward
Mesh has raised $82 million in Series B funding to expand its crypto payments network. The investment, led by Paradigm, also included contributions from Consensys, QuantumLight Capital, and Yolo Investments. This funding brings Mesh’s total capital to over $120 million, positioning it for aggressive expansion in digital payments.
Most of the funding was settled using PayPal USD (PYUSD), making this one of the first venture rounds primarily conducted through stablecoins. This method demonstrated the advantages of blockchain-based settlements, which eliminate traditional banking delays and fees.
Mesh has already integrated its technology with major platforms, reaching over 400 million users across more than 100 countries. The company plans to use the new capital to scale its infrastructure, onboard more payment service providers, and advance its merchant network.
How Mesh Uses Stablecoins to Make Transactions Effortless
Stablecoins have become a critical component of digital payments, offering instant and borderless transfers without the volatility of traditional cryptocurrencies. Mesh utilizes stablecoins to facilitate transactions between users and merchants without requiring additional conversion steps.
The funding round relied heavily on PYUSD, demonstrating how stablecoins streamline high-value transactions. Unlike wire transfers, which involve delays and intermediary fees, stablecoins settle instantly and remain accessible at all times. Mesh’s adoption of stablecoin settlements highlights its commitment to an efficient payment ecosystem.
Merchants using Mesh can accept cryptocurrency payments while automatically receiving stablecoins such as PYUSD, USDC, or USDT. This eliminates complications associated with price fluctuations and exchange rate calculations. Consumers can transact using any crypto asset they hold, making payments simpler and more accessible.
Mesh’s SmartFunding Technology and What It Solves
A major challenge in crypto payments has been the seamless conversion of digital assets at checkout. Mesh’s SmartFunding technology eliminates this friction by allowing users to pay with any cryptocurrency while ensuring merchants receive stablecoins.
Key aspects of SmartFunding:
- Converts crypto assets into stablecoins instantly at the point of payment
- Ensures merchants receive payments in preferred settlement currencies
- Removes the need for users to manually swap assets before making purchases
- Works across exchanges, wallets, and payment platforms without additional steps
This system reduces complexity for businesses and consumers. Merchants avoid volatility risks, while users gain flexibility in spending their assets without pre-conversion processes. The integration of SmartFunding into Mesh’s infrastructure aligns crypto transactions with the simplicity of traditional card payments.
Recommended: Bitwise Asset Management Closes $70M Equity Raise To Expand Its Crypto Investment Solutions
Why Major Platforms and Investors Back Mesh’s Vision
Mesh has established itself as a core player in the crypto payments industry, forming strategic partnerships with major financial and digital asset platforms. Its technology integrates with exchanges, self-custody wallets, and payment service providers to create a unified transaction network.
Some of Mesh’s key partnerships include:
- MetaMask – Integration with one of the most widely used self-custody wallets
- Revolut – Collaboration with a leading fintech platform expanding crypto adoption
- Shift4 – Enabling merchants to accept cryptocurrency payments in over 45 countries
Investors see Mesh’s approach as a bridge between traditional finance and blockchain-based payments. With stablecoins surpassing $27.6 trillion in transaction volume in 2024, the demand for seamless digital payments is increasing. Companies backing Mesh recognize its potential to simplify crypto transactions at scale.
Crypto Payments Are Scaling—And Mesh Is Leading the Way
The payments landscape is undergoing a transformation as blockchain-based settlements become more widely adopted. Stablecoins now process higher transaction volumes than Visa and Mastercard combined, signaling a shift in global finance.
Mesh is expanding its API infrastructure to meet growing demand, integrating with more merchants and financial platforms. The global online payments market is projected to reach $17 trillion by 2027. Even a small percentage of this market moving toward stablecoin-based transactions presents a significant opportunity for Mesh.
Businesses and consumers seeking faster, lower-cost transactions are increasingly looking toward blockchain solutions. Mesh’s approach enables them to transact using crypto while maintaining the efficiency of traditional digital payments.
A New Era of Digital Transactions Is Taking Shape
The rise of stablecoin payments is reshaping financial transactions by removing barriers associated with traditional banking systems. Instant settlement, reduced fees, and enhanced accessibility make stablecoins a viable alternative to conventional payment methods.
Mesh’s infrastructure plays a crucial role in this shift, enabling seamless transactions between users, merchants, and payment service providers. By allowing payments in any crypto asset while ensuring stablecoin settlements, Mesh is driving greater adoption of blockchain-based finance.
As digital payments evolve, Mesh continues expanding its network, integrating with more platforms, and refining its technology. The future of online transactions is becoming increasingly connected, efficient, and adaptable to global markets.
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