Mesh, the leading crypto payments network enabling seamless transactions with cheap and immediate conversions, has secured an $82 million Series B funding round, led by Paradigm, with participation from Consensys, QuantumLight, and Yolo Investments. The round was historic in venture funding in that it was settled using PayPal USD (PYUSD) stablecoin. The company, which has already partnered with major players like MetaMask and Revolut, aims to expand its global crypto payments network, allowing seamless transactions where users pay with any crypto while merchants settle in stablecoins. With stablecoins emerging as a key driver of crypto adoption, Mesh is positioned to revolutionize the payments industry by making crypto transactions as simple and efficient as traditional fiat payments.
Mesh Secures $82M in Series B Funding to Build First Global Crypto Payments Network