Diesen Artikel teilen
Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.
What to know:
- Crypto payments firm Mesh has raised $82 million in a series B round to expand its global stablecoin-based payments settlement network.
- The capital was mostly raised in PayPal's PYUSD stablecoin.
- The firm is building a network that lets users pay with crypto assets, while merchants settle the transaction in stablecoins.
Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally.
STORY CONTINUES BELOW
Verpassen Sie keine weitere Geschichte.Abonnieren Sie noch heute den Crypto Daybook Americas Newsletter. Alle Newsletter ansehen
The series B round was led by Paradigm, with ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital participating.
Most of the capital raise was settled in PayPal's PYUSD stablecoin, according to the press release.
Mesh develops a payments network on blockchain rails, connecting crypto wallets with exchanges payment service providers for merchants. With Mesh, users can pay with crypto assets such as bitcoin , ether and Solana's SOL, while merchants settle the payment in stablecoins of their choice including Circle's USDC, Paypal's PYUSD and Ripple's RLUSD.
"Regulatory clarity is taking shape, institutions are leaning in, and stablecoins are booming, Bam Azizi, CEO and cofounder of Mesh, said in a LinkedIn post on Tuesday. "With this capital, we’re expanding globally to making crypto payments as easy as using a credit card."
Stablecoins are one of the fastest-growing sectors in crypto, and has mushroomed to a $200 billion asset class within digital assets. With their prices anchored to an external asset, predominantly to the U.S. dollar, they serve as a key piece of infrastructure for digital asset trading. They are also increasingly popular vehicle for payments, savings and remittances, especially in developing countries, as a cheaper and speedier alternative to traditional banking rails.
Thanks to the rapid growth, VC firms are increasingly invest in projects building stablecoin services and infrastructure. Felix Hartmann, founder and managing partner at investment firm Hartmann Capital, said in a Tuesday report that the "big trade in crypto" are stablecoins, as together with tokenized financial assets they will lead the next wave of growth in digital asset adoption.
Payments giant Stripe's acquisition of stablecoin platform Bridge for $1.1 billion last year was a pivotal moment, underscoring the potential of stablecoins in the global payments landscape.
Mehr für Sie
Was Sie wissen sollten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mehr für Sie
USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion
The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
Was Sie wissen sollten:
- Circle has obtained a Financial Services Permission license from Abu Dhabi Global Market, allowing it to operate as a Money Services Provider in the UAE.
- The stablecoin issuer has appointed Dr. Saeeda Jaffar, former manager at payments firm Visa.
- The approval comes as part of the UAE's emergence as a global hub for regulated digital assets, following similar licenses granted to Binance.
Top Stories
