BULLISH 📈 : Mesh achieves $1 billion valuation with $75M Series C round

Mesh has closed a $75 million Series C funding round, bringing its valuation to $1 billion. The round was led by Dragonfly Capital with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures.
The funds will be used to develop a universal crypto payments network and expand operations in Latin America, Asia, and Europe.
Mesh aims to connect wallets, chains, and assets into a unified network, challenging traditional payment systems.
The company offers an "any to any" advantage, allowing users to pay with any crypto asset while merchants receive payments in their preferred stablecoin.
Stablecoins are increasingly popular, with some of the Series C funds settled in stablecoins to showcase their readiness for mainstream use.
Industry predictions suggest crypto treasury holdings could reach $1 trillion by 2026, highlighting the growing importance of stablecoins.